Bitcoin will probably continue to fall down to the previous daily low at around 6600
註釋
It clearly broke bellow this rectangle and I'm still very convinced that it will reach 6600註釋
Right now we will probably see small pull back on 5 min or 30 min chart註釋
As I mentioned, we are getting a pull back on 5 min chart. Price will probably go up to 7530 before it decide where to go next. We broke very nice flat bottom triangle pattern. I believe this is only temporary pull back before we continue going to, probably, around 6600.註釋
I find this pull back very weak and we might not see price reaching 7530. We will see... But what I believe surely that this is not the bitcoin bottom註釋
Price have reached 7530 even though I thought ti will not have enough strenght註釋
From this moment I believe downfall will continue. The next stop is around 7150 where we will might see some small bounce. 註釋
After the last announced the price had completely turned over... That was unexpected. Still, very bearish on 4 hour
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