I imagine the ceiling to be at the 9.5k range. I will be longing to 9.5, there seems to be a bullish ascending triangle forming in the most recent few candles as well.
ONE THING that might bode badly for the price is CZ's (Binance CEO) bullish tweet about the BTCUSD price. Last time he has tweeted in a bullish manner, the price fell ~50%.
Stay safe. We're all...
For a bounce out of this hole BTC finds itself in, it will need to rest on a stronger support. A further dip before it rises back to previous high levels is the reasonable expectation. But crypto isn't reasonable. Don't count on it.
Not financial advice. Lose money by your own ideas, not mine.
Get your shorts ready, the drop won't be all at once, but a 4-5 day climb down to a lower level. Don't long until after the halving. (Upper white resistance is drawn from the previous ATH and ~14k high)