🦅 BTC Outlook Oct. 27

Lines on charts

Bitcoin/USD weekly

• We're in a rough area ATM
• Volume is low and trending down
• RSI looks to retest the previous trend line
• we may also be in an upward channel but this is a leg down
• on the weekly, you have to back to May 2020 to see more than 2 red weekly candles

so...

I think we see a pullback to $55,800 and possibly further to $52,500 by EOW. But, next week should push back up. Need that volume to come back though...