Bitcoin 1 Day Update

$7000 didnt hold
If anything I would say Bitcoin             is just having some side way momentum

Watch for:

Rising wedge = bearish (watch for a test of the .236 fib)

– Resistance trend line hasnt been broken or tested

– S/R are pretty much the same

– Still above the BB

– Last candle was a hanging man (sell signal / bearish )


If we break support at around $6600, I can see Bitcoin             and the market going down

If we can hold around $7000 and get enough volume and moment, then $7200 is still in tact