BTC price seems to be sliding right into historical downtrend resistance with a sideways trickle with low volume. Not looking good for a breakout above first heavy resistance at $6500. More likely for a pullback to test $6200 and then another repeat sideways until we retest the historical resistance again, this time below $6300 in the middle of November.
** if BTC breaks out and settles above $6500 - next historical trend line is $7k
** if BTC breaks out and settles above $6500 - next historical trend line is $7k
Comment:
BTC couldn't build any momentum to stay above the March downtrend line and failed hard after right before the $BCHABC vs $BCHSV shitshow --
