BT C is on its way down, but that is also where it has to go to re-build momentum. So,don't try to call it, rather, play the moves, buy anything under 6100, Start selling at 6700. Then scale out slowly on its way to 7k+, and wait for RSI get confirmation, and flip sides and short Unless we pull off a clear reversal, we may still see 3500-4000... from there,...
BTC has taken the previous low of the last 2 retracements and tripled it, this has happened 2 times where it is clear, IMHO BTC will move to a nor 15000 zone and then retrace , this converging with the potential re-appropriation of its asset class by US gov, could cause the FOMO created on last moves and the panic to make the reaction similar, don't expect it to...