Bitcoin/USDT has been hovering an area of key support at ~6850 - ~7k
Looking for a breakout up to higher levels or if volume is low it could move upwards
Trend lines are in white, key fib levels are in orange. I'm seeing bitcoin/USDT move to a key low point.
Reasons:
1) 6,000 is an even number -- psychological
2) Bottom orange line is overlapped in multiple fibs
3) Current trend is moving down but has not been broken.
Looking for a further move down around low 6k in this bearish market with possible lower lows at 5k
