Bitcoin bulls have marched their way to the top and have found resistance at the 7600 psych level. An indecision/reversal candle is spotted at the resistance level and it is currently looking to make it way back down but I do anticipate a retest. If it does fail to break through a second time around, I'd look for a short opportunity going as low as the 6000 psych support level based on what past data has presented. May the market be in your favor.
Kommentera:
As previously mentioned, price went how i anticipated. The preceding trend has hammered down but i see it making a small pullback off the support but ultimately continuing it's bearish push to the 5000 psych level.