One last push to the top - hopefully
Yorum:
Things are not looking so great for BTC at the moment. If we struggle to stay over 7600, I am afraid we will go to test 7400-7250 level. If that does not hold, then next stop is 6800. If you have a long position, tighten up your stop loss. If you don't, right now there is no clear signal to buy or going long. I would wait and let the bulls show there strength first. A big player was accumulating a short position at 8200, so now we have a very strong resistance there, and at 7600 he might be fixing a part of that short for profit with further drops.