It was declined on the resistance level and then hold the new support level. Bitcoin could go sideways for a few days and then attack the 13k and 15k levels.
I am looking for an entry point around 8400 before btc jumps up. But I don't think much will happen before US elections are done.
I think it will hover over the weekend around 7900 and 8500, then try again break the 9500. If it goes down, I don't think it would go as low as 7200. Too much uncertainty in all other markets (oil and so on) for bitcoin to drop much. But that is only my gut telling you this.
8325 To finish reversed head and shoulders, rsi has some air to to the upside.
Waiting for the big triangle to play out
Grinding up slowly over the next few month..., with some bitcoin hick-ups I guess...
If it can reach .60 and overcome .66, it enters into better up-channels. Down, 0.43 and 0.27... Time will tell...
Inverse Head and Shoulders, what do you think?