Can BTC Rebound To $6500 ?

Having completed our short position XRP in a profit, we are now starting to see buy volumes increase accross the market.

Uncertainty due to a number of facts in the market make me think we will see further drops in pricing, however our current play is to watch volumes on BTC and buy long using leverage on small price increase.

At the same time it could very well remain flat at current pricing bringing the new support level to 200BN or worst case heading down to 180BN which would put btc below $6000 key support level.

Stay tuned for our next analysis..

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Bitcoin (Cryptocurrency)bitcoinforecastTrend Analysis

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