The price really went back to the last bottom that the BTC met on November 25.
The first few hours after reaching this level, the reaction was positive, but currently, the bullish force is already decreasing and if this level does not hold, then reviewing the $6,200 zone becomes really possible.
The WaveTrend clearly shows us a willingness to see the price rise, however, the ICC and the MACD could still go down.
The next few hours will be important. If the bulls do not return to the charge very quickly, the bears will continue to push the price south.
The first few hours after reaching this level, the reaction was positive, but currently, the bullish force is already decreasing and if this level does not hold, then reviewing the $6,200 zone becomes really possible.
The WaveTrend clearly shows us a willingness to see the price rise, however, the ICC and the MACD could still go down.
The next few hours will be important. If the bulls do not return to the charge very quickly, the bears will continue to push the price south.