Price has been very bearish lately, and it has been retesting that downwards trend line twice, creating a possible inverse head and shoulders pattern, indicating potential upside movement. Price has also bounced off the 7452 resistance, creating the neckline for the possible inverse head and shoulders. Let's see if it can complete it.
Long time since we haven't seen a green light in crypto world. Still anticipating on a corrective move to around 5,7k level, ideally - 50-61.8 fib retracement. I totally agree with @torayk aka @cryptowzrd on his statement of target-driven manipulated price to catch the masses with media screaming of the beginning of a new bull cycle. In fact, there was over 30,000...