Breakout time
Hey guys, its been a while since my last analyze. Today I want to analyze the current btc situation. Volume is getting lower and lower, a triple bottom is forming currently while the daily RSI is massive oversold. Price is also at the lower Bollinger bands. If there comes no huge FUD in the next days I expect a final breakout from bearish zone above 11000-12000 $ within a few weeks. The otherside is: if we go lower then 6400 $ the bearish trend is still active, then I have to renew my analyze but until then lets hope for strong bulls and no price fall under 6400 $.
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