BITCOIN (#BTC): Bulls are exhausted, $7K level is coming
> 4H = = BB narrow, price below Basis, one retest of the bottom of the channel. decreasing, Level 38. histogram + crossover.
> 1D = = Since the Bitcoin was rejected by $9K level, it still decreases. BB's channels remains narrow, but Bitoin dropped below Basis line. Previous two shows rejection of this level. going down and holds below Level 50. histogram .
> 1W = = closed the previous week and this week is directed by bears. Current week seems to be close by closing below the previous candle's low. Previous market structure will be broken. That is sign. dropped below Level 70 and heads to the south. histogram is . OBV indicates decreasing buyers interests.
> Summary = I'm looking forward to $7.0K - $7.2K