With 6400 breakout, without triggering a technical rebound on smaller time frames, that said, the trend still remains bearish . If we look at the whole crypto market in general, we see that all the pairs have almost failed, and at the moment, from a fundamental point of view, we do not see a trend change in short term. Having said that, we are convinced that bitcoin will still give us interesting short and medium term trading opportunities.
new SL = 4400 USD
If stabilized above 4600 target is 8000-9000 USD