BITCOIN STILL NOT IN A BULL RUN!
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So far, bitcoin is struggling with the low volume in the market. All I can see, bitcoin still on a dead cat bounce and more sideway movement with low volume, it means that bears are still aiming to dump the market when it touch a certain price. The question is how high can it go before dump?
My eagle eyes just telling me something interesting on this slowly market movement, this movement is forming ABCDE with ABC inside, so right now bitcoin want to finish the last movement to around 6650-6700 before in my oppinion testing the solid support at 6000.
Play safe! :)
My eagle eyes just telling me something interesting on this slowly market movement, this movement is forming ABCDE with ABC inside, so right now bitcoin want to finish the last movement to around 6650-6700 before in my oppinion testing the solid support at 6000.
Play safe! :)
Note
Well bitcoin dumped exactly to the lower channel and holding, as far this channel doesn't broken, it will back at least to the upper channel. good luck!
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