BTC is currently trading with an increasing bearish momentum. Last week, BTC spiked massively to the lower side, breaking below the three Simple Moving Averages and is still way below them. As I said previously, while the price is contained below these three, I expect further surge to the lower side and may extend way beyond last year’s lowest low. On its way downwards, the key lines to check for include $6,599.80, $5,021.00 and $3,521.00. If these lines are broken, then the price will likely rally lower.
sell BTC towards $6,590.82
101% Double the volume
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