Fractals + increasing momentum = UP
Momentum is increasing towards the top at 7000+. Expect a violent move. Judging by the fakeout above 7000 i will bet on a short and will hold it until below 5000.
Target 9400 in 2 weeks developing a rising wedge then a dump
Fakeout --> Target 8400 Tomorrow
LONG target 6500 +++++++++++++ Sideways between 6200 and 6500
Bitcoin hashrate approaching an all time high... with the majority of mining being done in China.
China is coming to a shutdown so will bitcoin.