BTC is the main driver like gold is for silver and S&P is for other markets.
Very short analyse from my site.
Due to AT, we are targeting to the end of the 'after-bubble' triangle that is normally decision time.
We also have very nice channel of accumulation --> $6000 - $6800 where the main battles are.
My assumption is, we will almost hit the bottom of channel: ~$6100 bounce up, test next support at ~$6200 and then decide to go up to (depend of the market bullishness) or slowly go deeper for next levels.
Go up - 60%
Do down - 40%
How do you think?
Lets wait 1 or 2 days and check candles with 4H and 1D range.
Please look at the upper accumulation changel. We have just bounced from $6800 - exactly at point where accumulation channel starts.
Now the most important questinos is - Will it break $6900? If so there is a free way to new support!