On Wednesday morning perked up and punched above the $8,300 resistance during the U.S. trading session.
The 5% rally was well-timed as Bitcoin price was weakening after successfully managing to break above $8,200 on Monday. At the time (Oct. 7) the digital asset had spent the last few sessions pressing against the upper trendline of the descending triangle on Monday.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.