Bitcoin in descending channel looking like it will test $7600-$7,900 before pre-halving bull run! Definitly a good time to add to your position in the high to medium 7k range. According to the Tom Demark Sequential System on the Weekly Chart it is very likely we will have another 1-7 weeks of downside with a target at the previous support of 7.6ish.
Comment
⋅
Also 100 Day Moving Average would meet the price and should act as support around the 7.6k level. The Purple Line