Yesterday i already smelled something fishy. There was a pretty hard decline of a (down) trend-line that started in march of this year.
In combination with the low volume it didn't look good for BTC.
It is possible that we bounce from here, BUT we need buying volume and get the hell out of this triangle.
We need to pass 6500 and hopefully that will become our new support.
When we stay below 6500 the next couple of days that we will drop to 5800, which is also a psychological border for a lot of people.
For now it think we will go down to 5800 and have a strong bounce from there.
In combination with the low volume it didn't look good for BTC.
It is possible that we bounce from here, BUT we need buying volume and get the hell out of this triangle.
We need to pass 6500 and hopefully that will become our new support.
When we stay below 6500 the next couple of days that we will drop to 5800, which is also a psychological border for a lot of people.
For now it think we will go down to 5800 and have a strong bounce from there.