Hi, friends.
BTC is in main balance with the range 6500-7200, but pressure is still bear.
The max volume of the main balance (#POC) is located at the top of the balance, and it's not good for the buyers.
What to expect now?
With a high probability we will see a downward movement to the 6500-6600. If this support zone can't properly repulse the price, this main balance will goes down. In this case next strong support levels will be 6000 and 5700.
BTC is in main balance with the range 6500-7200, but pressure is still bear.
The max volume of the main balance (#POC) is located at the top of the balance, and it's not good for the buyers.
What to expect now?
With a high probability we will see a downward movement to the 6500-6600. If this support zone can't properly repulse the price, this main balance will goes down. In this case next strong support levels will be 6000 and 5700.