This is the inverse chart for bitcoin!
BTC - I see a break of orange trend-line with retest on weekly.
Volume indicates trend change is possible as bitcoin is showing decreasing volume in a downtrend. We know that volume precedes price.
For the bear trend to continue and to go and test the levels above 5800 on the chart; we have to see an increase in selling volume coupled with a violent break of 5800.
BTC - I see a break of orange trend-line with retest on weekly.
Volume indicates trend change is possible as bitcoin is showing decreasing volume in a downtrend. We know that volume precedes price.
For the bear trend to continue and to go and test the levels above 5800 on the chart; we have to see an increase in selling volume coupled with a violent break of 5800.
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