Notice the topping trend lines changing direction and turning to the down-side.
I think we will see one of two things take place.
1. I the price of BTC drop for the next few days and then rebound and move back up to bounce off the long-term top trend line and then begin a trek down to the long-term floor trend line near 6k.
2. Or enter into a mid-term bear market correcting down to the bottom long-term trend line of around 6k over the next couple of weeks.
Please comment below with your thoughts, and give me a follow if you would like to see more of my price predictions.
Happy and Profitable Trading Everyone!
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