Dragonfly Doji on the daily cannot be ignored. And if BTC breaks out of the outer side of the pitchfork it usually signs a reversal. However, I still feel like the RSI needs to cool off a little bit more before it can retest 60 again. It will simply not be enough to break this RSI resistance that has been established for a very long time. We need to go down more...
I see 5 waves up and now a correction, if we hold the 0.618 fib level then we could see a 3rd wave to 6800, and then 5th wave to 7k .
I expect to fail 7k and then a downtrend till 5.9k
If we break 6.580 bullish bias is confirmed until 6800.
