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ALCHAMI

BTC 6.5 to 8.5K simple VISIBLE RANGE STUDY. BTC BUYERS LOOK :(

Bitcoin (BITSTAMP:BTCUSD)  
ALCHAMI Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns BTCUSD BTC XBTUSD xbt
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trendanalysis chartpattern btcusd btc xbtusd xbt
chart says it all.
Comment:
If 6.8 does not bounce we should fall and sorry for poor explanation, past the 10k-12k consolidation range we can fly. But we first have to pass the heave 8-10k consolidation range, this can take some time, I can see a huge break out happening from 12k to 20k+ and I can also see a huge break down from 8k to 4k even sooner. I am not Houdini, but I bet something similar goes down.
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