zackxl

BTC facing tough resistance, can it break through?

Short
COINBASE:BTCUSD   Bitcoin
My chart is playing out pretty well thus far, BTC broke 1 resistance (6.3) on the 4th of July. and is struggling with the 6.8 area. I'm thinking it will go sideways and drop soon. It is possible for a breakout since we double bottomed around 5.8 but I believe we would have to go lower to gather enough buying pressure to get through 6.8.

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