nice trend channel we are moving in 4hr chart and btc will decide very soon, from my part i am bearisch right now and i think we will see 9K soon, MACD and RSI supporting my idea.
Have a look on my chart!
Have a look on my chart!
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Next support at 6K !! In my opinion now its possible that we drop to this new support, the fear is almost great and we are in a bear market. Also dont forget that the SEC news about registration of the exchanges at SEC is not close to the anonymous idea of the btc. MACD is shoing bear signalas and RSI coming with some bull signals. So it will be very interesting to see that battle bear vs. bulls!
BUT RSI is looking good so we are going from here up and then we will see if the support is strong enough to stay on it. Beware of your tradings, very unstable till the support is not confirmed to be strong.