$BTC Brief Analysis ON KING COIN
Let's have a look on Bitcoin daily and weekly side.
So, if we look Bitcoin weekly side Bitcoin has a very good weekly close and it's very bullish there is nothing bearish on Bitcoin not at all.
I think so the price will somehow consolidate from the rejection where we have on around R> 120,000_121,000.
Overall, the price is absolutely fine and very bullish but still as we have resistances on upside, we need some consolidation I think so we have some consolidation for two three four days on Bitcoin.
Let's see Bitcoin will retest its support around 116000$ zone. We have to see a very strong bullish breakout on Bitcoin towards $130,000 or more than it so be ready for that, but it requires a solid upward close to 120000$ above level to see a new all-time high.
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