I think we all expected the drop to here but there is also some fear about a deep drop to 4800 / 3k.
If we close today lower than this mark then i think BTC is in trouble but I still expect us to bounce around the 6-7.5k mark for a few months.
Daily RSI suggests a little more to go but unsure whether this will crash and form a deeper bottom. If it does I'm expecting a v-shaped bottom.
The MM is beating me because beyond a 7 day window I'm finding the trends are hard to read and this is exactly where it wants me. I should thus be confident in my idea that 6.7.5 is right.
If we close today lower than this mark then i think BTC is in trouble but I still expect us to bounce around the 6-7.5k mark for a few months.
Daily RSI suggests a little more to go but unsure whether this will crash and form a deeper bottom. If it does I'm expecting a v-shaped bottom.
The MM is beating me because beyond a 7 day window I'm finding the trends are hard to read and this is exactly where it wants me. I should thus be confident in my idea that 6.7.5 is right.
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