Bitcoin Price Movement
Bullish view
We failed to hold supports at $7500 and $6800. We are currently at .786 Fib levels of wave 2 retracement. If it holds, it can follow the below chart pattern. Seems unlikely at the moment. Hence, it is important to look at the negative side of things so that we are not left unprepared.
More probable Bearish view
If we don't hold our previous swing low of $5750, then we free fall to $5000-$5250 levels.
My previous post: https://steemit.com/bitcoin/@jpsarma/possible-bitcoin-price-movement