R90502663

Bitcoin to 6.8k then that will form a triple bottom

Largo
BITFINEX:BTCUSD   Bitcoin
Volume still pretty low so it seems like the price needs to drop down around 6.8k - 7k to get that buying pressure back. BTC still staying along the trendline which is around 7.3k consolidating. RSI almost at oversold but needs the volume to push the price up. CMF still shows that the selling pressure is there so there may be another dip between 6.8k - 7k then that will be a good time to buy for at least a rally to 8k to 8.5k if not 9k. But considering this will form a triple bottom if fulfilled then we could see a heavier upside.

Red Bar: 6.8k support level

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