This call has two different lows first $5967 and then $5561. If we go below $5686 on the 1day we will be on our way to new ATH's if not we can expect more sideways action for the foreseeable future. The call ends at $6484 on December 3rd.
It is interesting that most everyone thinks 6K is so strongly supported and the bottom is already in. The BTCUSD instrument has hundreds of millions of dollars sitting and waiting at 6k so I understand most peoples ideas about that being the bottom. However in order for BTCUSD to have another true bull run, sentiment must turn negative first which it has not done yet from 19k-6k, so when it falls bellow 6K then we will see tons of FUD and bad news on the internet, only then will we get our next big bull run and it will turn fast!! This call will be invalidated if we pass $6780 on the 1day.
Selby finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
Here we are being rejected at the structure line...