![](https://cdn.steemitimages.com/DQmfLS6yvV7Ujh8xVQTNkcM91X1jXdXNpKMuYRE84PA48iC/image.png)

Just minutes ago, bitcoin just breached the $6,800 resistance created by the reverse head and shoulder pattern. 

![](https://cdn.steemitimages.com/DQmbEYVfULoXZr9X69TuHPfNsv9XJzB5s41nk8XJed5BBMB/image.png)
*source: https://www.worldcoinindex.com/coin/bitcoin*

As mentioned in [yesterday's post](https://steemit.com/bitcoin/@sandalphon/bitcoin-bull-breaking-out-with-a-reverse-head-and-shoulder-pattern), this is a strong signal for the bull take over. 

The next resistance is at $7,800. If bitcoin manage to breach this level before the end of July, it would augur the possibility of gunning for the 3rd neckline at $10,000 before the end of August.

*Disclosure: This post does not intend to provide investment nor does it represents that the securities or services discussed are suitable for any investor. Investors are advised not to rely on any information contained in the article in the process of making a fully informed investment decision.*

<center>IF YOU LIKE THIS POST – UPVOTE</center><center>THINK OTHERS WILL LIKE IT - RESTEEM</center><center>SOMETHING TO ADD - COMMENT</center><center>WANT TO SEE MORE - FOLLOW.</center>