BitcoinShort
Bears are back but bulls are slowly waking up
We have seen market being completely dry for couple of days. But not the price break from the bottom resistance happend and bears are back in town with 7% drop in a single day.
If the full potential of the previous flag will occur the price can reach the 6800 zone.
But volume increased 7 times and we see small morning star Doji which indicates that buyers now want to profit from this big price fall and started buyingBTCUSD.
Most likely we will see a re-bounce for short term but the downtrend will remain.
If the full potential of the previous flag will occur the price can reach the 6800 zone.
But volume increased 7 times and we see small morning star Doji which indicates that buyers now want to profit from this big price fall and started buying
BTCUSD.Most likely we will see a re-bounce for short term but the downtrend will remain.
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