I have 2 scenarios for BTC,
1) RSI shows that it has to bounce from 7200 and will break out the pennant.
2) Bull trap. If BTC breaks down 6800, it will go to 5000.
1) RSI shows that it has to bounce from 7200 and will break out the pennant.
2) Bull trap. If BTC breaks down 6800, it will go to 5000.