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Bitcoin analysis
After closing out the week at $6,710 $btc now looks set to retest the lower supports within the falling wedge.This chart for weeks, drawn before the previous big dump and completely unchanged.Needs some more time, but IMO a breakout on the band will happen in a hand full of days.
Overall market pullback with $BTC going to look for support near 6.245-6.465 higher lows on the daily chart on the last few supports.
On the Daily Bitcoin is looking to close above the 50D MA.BTC strong-box at $6600 became support with weak volume. It will become easier to trade crypto as market matures
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Disclaimer: invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses.
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