We' are having a pretty interesting time in the crypto market right now.
On the one-day-charts it's hard to tell where bitcoin is heading, one thing is for sure though, we will break one of the two (red - resistance; green - support) pretty soon.
When we break we may go down to 3200 USD or just see a double bottum at 6000 USD.
If we break out , there are several more resistance line to break though till the we' ll reach the 20k USD again.
Yesterday we were close breaking through the 200'day-MA, but today there was just not enough for that.
If the 50'day-MA goes under the 200'day-MA, it's one more sign to look at.
As always, just invest what your also willing to lose and keep your stop-losses tight.
Peace out! - Monsi