Based on W RSI from 2014, where btc was in similar situation
Looking for reverse to test new whales support levels around 6000 - 7000 next week.
if the bulls are more insane than I thought, then they will go to 12,000 directly from 9000 levels without retesting 6000-7000 area again.
if the bears win with this expectation of retesting a new whale support, then i except the price will fall down and look for the support around 5,000 and later even lower.
Thanks for comments
Looking for reverse to test new whales support levels around 6000 - 7000 next week.
if the bulls are more insane than I thought, then they will go to 12,000 directly from 9000 levels without retesting 6000-7000 area again.
if the bears win with this expectation of retesting a new whale support, then i except the price will fall down and look for the support around 5,000 and later even lower.
Thanks for comments