Now the price for BTC fluctuates around the daily support line. In addition to this, the final formation of a triangular support line and a resistance line takes place. Depending on where the exit from the triangle happens, there will be either a growth to at least 8000, or a drop to the next weekly support line (about 4900).
Comment:
For this time Weekly Resistance Line (0.5 Fibo) has a big strength and that's why the price cannot move upper. But Ichi Cloud is a support base for the price line. Depending on the wich line will be weaker, the price can go to 12k$ or to previous support line (app. 4.8k$).
