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Big movement expected on BTCUSD after a breach of 8130.9800

BTCUSD has broken through a line of 8130.9800 and suggests a possible movement to 8352.6787 within the next 19 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.

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UK100 is quickly approaching 7549.0000. We expect either a breakout through this line, or a rebound.

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