BTCUSD Daily Chart update - June 15, 2018

https://www.tradingview.com/x/QL6RXRXn/

Price bounced to the $6,600 as expected with the help of the SEC news. The bounce does not look convincing however. The danger is still to the downside and we can once again retest the recent lows of $6,100s. I hope that volume will pick up soon with a break of either $6,000 on the downside or $7,000 on the upside. That will give us a clear picture for the next couple of weeks.

Weekly: Down

Daily: Down

4 hour: Neutral

1 hour: Neutral

Prediction for the day

A move lower towards the $6,400 area.

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