I had to change the above picture with another choice. The week close indicated a visit to test low, yesterday's drop tested 6547. Making it possible that rejection off 6547 was it. I still lean bearish. Especially since the day retreated to close the day below 6830. The quarter, month, week and day have closed below the previous. Making pa bearish. But in this compression between 6547/6830, its a frog in a blender.
Its bearish in all I see, it still has to prove it. Bears still have to close the day below 6547. It's a ponzi scheme, more and more sellers are needed. I can't see the future, till its the past. One ray of hope for the bulls atm is the inability to close below 6547. It's very bearish to me atm. Close a day/week above 6882 and that changes bias some.
Bitcoin needs to close above 7500 to be bullish...
I still think it hasn't finished the drop. It's hung up in no man's land. 6547/6882. I think it's very bearish and about to drop. That's what I think. What I know is, it hasn't hit that possible norm in the 6800 area... I don't know where the rabbit will pop out the hole. Pa is sitting between 6882 and 6547.
thank you @valter...you are so nice to me.... I am not wasting your vote.. I UV mine too..
you are welcome.
I deduce that a single UV is useless.
I will concentrate my UV on posts and comments that have already been UVoted
valter, no need to change...your UV is very useful.. always a good start for me..I can't thank you enough for you being so kind to me...