BTC needs buying pressure or facing another large drop.
I think BTC will likely bounce around support at $7,600 until the bubble on April 1st
OR
We'll face another major drop through the support and go to $6,900 or lower
Scenario #2 is more likely if it's anything like the drop at the beginning of March.
Wait and see for the next couple days for a clear indication as this drop was needed, Stoch RSI on the daily had been oversold anyway.
OR
We'll face another major drop through the support and go to $6,900 or lower
Scenario #2 is more likely if it's anything like the drop at the beginning of March.
Wait and see for the next couple days for a clear indication as this drop was needed, Stoch RSI on the daily had been oversold anyway.
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