# Our previous idea suggests a possible breakdown to $7100, $6800, bull have managed to hold the fort so far, but for how long? weekend is closing down, which would suggests lower trading volume.
# Main theme today is the shrinking Bollinger Band, which we could spots twice in previous local trade, once price goes down, once price goes up, third time?
# All eyes were on BCH halving, perhaps the volume will return to BTC again soon, US unemployment report suggests newest evidence of economic decline, will crypto market follow suit?
# Main theme today is the shrinking Bollinger Band, which we could spots twice in previous local trade, once price goes down, once price goes up, third time?
# All eyes were on BCH halving, perhaps the volume will return to BTC again soon, US unemployment report suggests newest evidence of economic decline, will crypto market follow suit?
Comment:
It broke down! price could test a $6800 later maybe in US session, will update a newer chart soon to target a possible swing trade into the upside.
Comment:
If the selling pressure continue until US session, the price might form another bearish candle, which would form a black crow pattern. This could get BTC to test a strong and physchological support level at $6600.
