Hello - BTC is close to violating the March 15 pivot support ($7665) which if it does, will induce further bearish sentiment. I initially thought 7.5-7.6K would be the interim target but market is Probably sending BTC down to between $7,200 - $7,400 range. I think we will bounce a little at those levels before we continue down.
First off, I would like to see BTC break below my boarder descending channel and take the path of the narrower one. If it does, it would affirm my hunch of more selling volume and momentum to come.
First off, I would like to see BTC break below my boarder descending channel and take the path of the narrower one. If it does, it would affirm my hunch of more selling volume and momentum to come.
Comment:
Almost at March 15 low...
