Another inside bar week, nothing much to go over. Still ranging in between 6754 and 6500. A clean break of 6754 could send Bitcoin to 7000 very quickly. The accumulation pattern on the weekly is still continuing, but so is the lower high structure. If Bitcoin can not break its lower high structure within the next week or two then we will most likely be seeing a failure of 6000.
Levels To Watch This Week:
Close Above 6754 (Bullish)
Close Below 6515 (Bearish)
Breakout Targets 6900, 7020, 7100
Failure Targets 6350, 6235, 6130
Levels To Watch This Week:
Close Above 6754 (Bullish)
Close Below 6515 (Bearish)
Breakout Targets 6900, 7020, 7100
Failure Targets 6350, 6235, 6130