Why the idea & why now?
Momentum is down. News are bad. "Binance hack" news were the latest ones. Even if there are no special good news the lack of bad ones as we had them over the last 2 weeks would be enough to allow the roots to grab a halt.
The root to new roots:
2nd time that BTC didn't go below the 9263 USD line (BTW: in EUR it is a perfect touch of the line. I let you check this by youselves.)
In latest a week we will see what the idea was worth. Good luck!
However the next step could now be a retest of the trendline around 6500...
To be continued...
The lower Trendline was not fester (or maybe not yet).
Will BTC follow that arrow?