Today is an important moment for the BTC. We are seeing a drop from the price of 7400, which occurred four times. The reduction was from 15 to 20 percent on average. All movements of the rate down, except for the penultimate, were closed on a reduced volume. During the previous fall, which took place on elevated volumes in several stages, the price drop down to 5900. The current fall also occurs on a reduced volume and the day closed in negative.
At this point, there are two options for the development of events:
1. If today is closed on a reduced volume, doesn’t matter - in plus or minus, we rise up.
2. If the day closes below 6150 on an increased volume -, we drop to 5800 most likely.
Pay attention to the fact that despite everything the rate did not come out of the rising channel, which indicates its strength.
At this point, there are two options for the development of events:
1. If today is closed on a reduced volume, doesn’t matter - in plus or minus, we rise up.
2. If the day closes below 6150 on an increased volume -, we drop to 5800 most likely.
Pay attention to the fact that despite everything the rate did not come out of the rising channel, which indicates its strength.
Trade active:
The rising channel will be broken up if the price falls below 5850
