So we have seen a pattern all over the year where bitcoin describes waves with lower highs and lower lows. Everytime bitcoin falls and it doesn't recover, it will have a lower low.
Using fib retracement, we see that the lower high is about 30-40% in comparison to the last top and this pattern has shown everytime. So we can suspect having a price as high as $6700-$6900 in the next days,
and a lower low as $5700 after that movement. So the market to actually become bullish should go pass that last top which should be around $7300-$7500. Bitcoin is still beatish and I also suspect a last
bearish movement (even more) before the rebound which could be by the end of the year and if not, the next year. Let's also wait for SEC news.
Using fib retracement, we see that the lower high is about 30-40% in comparison to the last top and this pattern has shown everytime. So we can suspect having a price as high as $6700-$6900 in the next days,
and a lower low as $5700 after that movement. So the market to actually become bullish should go pass that last top which should be around $7300-$7500. Bitcoin is still beatish and I also suspect a last
bearish movement (even more) before the rebound which could be by the end of the year and if not, the next year. Let's also wait for SEC news.