Though no one knows for sure, here's some good insight.
As we approach the monthly close. Volume really tells a story. We still have a relatively low volume on the close. Bottoms tend to have a reversal candle accompanied by an extremely high volume. No signs of that yet.
I'm looking at a $14K minimum before I start being bullish. Could even wick below towards $10K.
As we approach the monthly close. Volume really tells a story. We still have a relatively low volume on the close. Bottoms tend to have a reversal candle accompanied by an extremely high volume. No signs of that yet.
I'm looking at a $14K minimum before I start being bullish. Could even wick below towards $10K.