RSI is currently high, waiting for bottom confirmation.
The BTC/USD in the very first hours of today’s session formed lower highs and lower lows towards 6731-fiat and 6303-fiat.
It very much set the sentimental course for the rest of the Asian and European session.
Both the trading sessions lacked strong bullish corrections, putting BTC/USD on a slow path to the downside.
At the early European hours, the pair retested 6306-fiat as the range bottom, only to recover towards 6500-fiat.