$BTC - Bitcoin Weekly Update - Bittrex

Last week was a heavy dump, but we may still keep the higher low pattern as we are starting the week on a small but positive note. We are above the 10 week moving average and must remain above it to maintain a longer term bullish sentiment. That means we need to end the week above 6850. The week would need to break the 20 week moving average above 7470 approximately. If we do break support below the 10 week moving average, the weekly support at 6k is our hopeful bottom as it has been many times over the last few months.