BTC Breakout ?

Hey everyone its @chahir99 , in this post im gonna give explain what's happening with Bitcoin , so without further ado let's jump right in :

At the time im posting this Bitcoin was trading just above the $11.000 .
The latest news really coming out in the last 24 hours from South Korea that could be viewed as negative , but maybe it's a bit positive :

South Korea is the third biggest market for crypto currencies after the US and Japan, and they've said that they're going to bring an end to anonymous crypto currency trading and buying , so if you want to buy crypto currency in South Korea , you need to use your real name .
There were fears that they would ban crypto currencies altogether , so the news maybe isn't as bad as some people thought it might be , but increased regulation there maybe weighing a little on the price of Bitcoin .

Anyway you could say we are seeing some strength coming back in .
But i think it's still correcting from those all time highs we saw back in december in 2017 , but we've got really big support just below where we are now and $10.000 maybe been a bit of a psychological level so i think it's going to be an intresting couple of days ahead .

I hope this was helpful and you guys learned something and if you like it please up vote me and let me know what you think about it in the comment section.

                                    Thanks for reading! 

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