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BEARISH Scenario For Bitcoin - $5,426 Level Could Be Tested

Bitcoin (COINBASE:BTCUSD)  
James_Winsoar  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Bitcoin (Cryptocurrency) bitcoinforecast bitcoinprice bitcoinusd bitcoindollar BTCUSD BTC coinbase Cryptocurrency
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trendanalysis bitcoin bitcoinforecast bitcoinprice bitcoinusd bitcoindollar btcusd btc coinbase cryptocurrency
If bitcoin cannot break resistance at $6,800 and trigger a short squeeze, the price could test lower lows of around $5,426 USD in the coming weeks.

This is a worst case scenario in my opinion.

It could take some major news, such as the CBOE Bitcoin ETF being approved by the SEC to set off any earlier bull run.
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