ormism

Where now for BTC?

COINBASE:BTCUSD   Bitcoin
I've posted previously how I believe that BTC is still labouring under a downward trend, I still believe this is the case. We've stalled at 6.5k momentarily, will this be the bottom or will we continue to see the previous Feb 6 low of 5.8k retested. I don't see sufficient evidence of a trend reversal yet, despite the double bottom on the hourly, I'd still like to see a credible climb out of these figures for me to be convinced we're seeing a true long-term trend reversal so for the moment, I'm sat on my hands.


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