BTC Continuation bias until 6000 level is held.

11 במאי 2019

The recent price action in BTC I believe likely indicates the low for the bear market, at this area however I am short, this high volume area between 5800-6800 is significant as many market participants are underwater from this level and it is a reasonable target for those long from lower. The next few weeks and the velocity of the pullback/reversal will be an important indication for the medium term future for BTC .