Because of the low volume i expect bitcoin to hit about 67000 and drop, which is about 23% above the most recent 8000 drop that started at 64700.
From there several possibilities. It retraces down to between 59000-61000 and takes off upwards. Or it hits that price range (59000-61000) makes a small correction up for another move down, to break 54000 minimum.
From there i would look for buy signals between 50000 and 54000. I do not see bitcoin going to far below 50000 at this moment.
From there several possibilities. It retraces down to between 59000-61000 and takes off upwards. Or it hits that price range (59000-61000) makes a small correction up for another move down, to break 54000 minimum.
From there i would look for buy signals between 50000 and 54000. I do not see bitcoin going to far below 50000 at this moment.