The price of Bitcoin ( BTC ) might be moving in a on the 1-day time-frame (purple box).
We are currently moving in our Key Area, from where most of the happens according to our backtracking.
A strong move is expected. Since the 100 acted as a strong resistance and many indicators are giving us a sell signal,
we can determine the direction of the move.
The indicator is signaling the strength of a trend. Please take a look at the yellows circles to see what we can expect.
According to our (price movement from the past) we could touch our Support at the 6800.00 area within the next 4 weeks.
I will keep you updated!
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