I call this a Tipping Bloody Mary and its consequences.. This is all mathematical assumption that can be wrong. I consider $ 5,400 - $8,000 areas are very strong Support that we can see again for further growth.
The chart is very simple to interpret for all...
Bitcoin price tested the $11,300 area once more. if it can't hold on as a support above it we may see price testing Level 2- $9,680 area
As we can see the Resistance around 11,300 COULD NOT HOLD IT.
Level 2 - $9,680 was also broke
Level 3 - $8,100 was not strong enough
Level 4 - $ 6,630 was tested (ONCE)