This market slowly comes to life, the volatility decreases again. I don't see much interest of bulls or bears in new strong movements yet. Yesterday's short, has not justified itself and is still to the downside. For now I will keep it until the first signs of a market reversal. But still more inclined to think that in terms of manipulation, which is famous for the cryptocurrency market, "shave" will short.
This does not exclude the stuffing the positive news and growth to the level of 5800-5900.
This year we have not one completed the event, is launching bakkt. Of course all createsoapmessage waiting for this event since it opens up the market for institutional investors who need to be physically BTC. All this can naturally push the rate up and start a new uptrend. Let me remind you that the launch of this platform is scheduled for December 12 and has already been postponed once.
Good news is wait from there. If there will be any news about the transfer or cancellation at all, then the new year is to prepare for a new bottom, as well as this year we had the last high at 20K.
And another point, I still think that if we update the bottom and it is potentially level 4200. This is unlikely, as there is a huge army of holders who already know the examples of past dumps that sell the cue ball is impossible. And this time they will have more and more faith in this asset, which recently celebrated its decade.
Through the levels while nothing really has changed down in relation to exchange this 5200mAh (support). Top 5600. Just follow these levels and on the breakdown and consolidation of the price we enter the position. The intermediate support can highlight the level of 5350.
