Hello fellas,
Welcome to another BTC update, as you can see, things were looking ugly during the weekends as BTC is approaching the 6k8 level which was a strong resistance in the past (now it becomes a support). Do the bulls want to fight back at 6k8? Unlikely as i see the movement from BTC to Alt coins rather than new capital flows into crypto.
Likely call:
Short BTC at 7k2.
Stop loss at 7k4.
Take profit at 6k8.
I predict a sideway week between 6k8 and 7k2.
PS: buyers please patient. Wait for confirmation!