BTC TO 5500

Hello lads. BTC is most likely going to 5500. I am not sure as to why people keep thinking 6000 will hold. 6000 is not support. BTC overshot the parallel channel from 3k to 14k. BTC will probably do the same to the downside. On the way up from 3k to 14k, BTC did not respect the $6000 dollar range. So why would it respect the $6000 range on the way down? Food for thought. BTC respect the the 5000 to 5500 range. Set your buy orders in that range with a 5% stop loss. Thank you.
- TRUEPXTRICIXN