Bitcoin Could Test Yearly Highs If $8,200 Level Broken, Trader Says

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Bitcoin Could Test Yearly Highs If $8,200 Level Broken, Trader Says
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Lately, bitcoin's price has seen a bit of ranging activity as the market looks indecisive on further uptrend momentum, according to opinions and analysis from crypto podcaster and trader Brian Krogsgard, also known on Twitter as LedgerStatus.

[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]

If the $8,200 price zone is broken to the upside, Krogsgard said he sees it as an indication of potential further price action up toward 2019's highs, which are in the low $9,000 range. "He gave me a small amount of money and told me, 'Hey, you can do whatever you want with this money, as long as it's invested,'" Krogsgard said."That's how I first learned about investing."

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