I disagree with my colleagues regarding further downward BTC movement. Personally, I do not see enough arguments for this, but rather the opposite: a strong bullish trend, market maker accumulation for the desire of the crowd to sell, an increase in the number of shorts and also what is important - fixing positions by ordinary traders (see VSA).
MACD...
It appears that since we weren't able to break the top line of the downward channel, BTC is going to continue to drop, looking like $7200 conservatively, or, with the MACD reversal potentially about to happen, and the BBands tightening up, we could see the quick drop all the way to the previous bottom dip/support. Get ready to buy in the next couple of days b o i s
