Bitcoin price rallied upwards strongly to succeed breaching 6840.00 level and achieved our targets mentioned in our recent reports at 7000.00 then 7370.00, reinforcing the expectations of achieving more gains in the upcoming period, as the price completed forming double bottom pattern that its full target extends to reach 7950.00.
Therefore, we expect the continuation of the bullish trend domination on the intraday and short term basis conditioned by the price stability above 6840.00.