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BTC goes either to 8200 or 6700!

BITMEX:XBTUSD.P   Bitcoin
Because of the huge manipulation on BTC it is hard to expect where it will go. We can focus on the volume of BTC which says that BTC will go either to 8200 back or straight ahead to 6700. Between 7300 and 6700 is no volume (will be free fall) and between 7300 and 6700 is very low volume which means that BTC needs to choose what direction will go.

The support at 7300 has been very strong so far. We need to see if it will get broken or not. If you are in tether it is better to set you buy orders at all support lines which are 6700 and 6300 for a short term.

The volume has been so far very high and it is hard to expect another dump!

Let's see what happens!

Long: Over 7500

Sell: 8200

Short: Under 7300

Buy: 6700

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