Very strange that the price didn't fall immediately after the spike down, however it doesn't cancel the current downward priority. In the near future we can see another way up to the ±$8250 or a little bit higher levels, but if it happens - only to trigger stop losses. To see a clear upward trend we need to break at least $8250 by 1D candle. Until it happened - priority is downward, supports are $7900, $7700 and $7400
Good Chart!
This is my recent idea on Bitcoin. There is one more confirmation from Heikin-Ahsi that downtrend will continue.
I explain everything in details in my analysis.
Please tell what you think
cryptochi1986
⋅
Perfect Call - it did touched 7400 before bouncing back. Do you think it will come down again?