What to expect

11 Nis 2020

Over the last 24 hrs, the selling pressure has been about 33% higher than the buying pressure based on data collected from Bitfinex and Coinbase. I don't expect that to get any better through the weekend, but i did notice some decent sized orders on the books for the $6750 area. With the volume being at an annual low, the price should bleed down to those orders. If the orders stay, we should hover in that price range. If the orders get cancelled, we could drop down into the 6600 area.