BillCharison

#BITCOIN - Looks Ready for Reversal

Short
BillCharison Updated   
COINBASE:BTCUSD   Bitcoin
🐝
Absorbed the previous top. Finally we can see an adequate reversal, as the level of $7500 is protected by a big sell wall in the range between $7400 - $7500. Moreover, we have a non-tested support of $7000 which should be tested to call this growth "healthy".
Comment:

There's a chance we can see $7700 before dropping down. There's a clear target for +10% on ETH/USD and +5% on ETH/BTC, that gives BTC a target of +5% which is exactly $7700. Globally we still need to retest $7000.

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