BTC is so weak, it now stands on the 200ma on the 5min. 4hrs 200ma is far beyond reach above some major resistance lines. How anybody can be bullish I don't know.
I projected a possible path. right now I believe we can hit 7500. but it can go as low 6k. I don't prescribe to the doom and gloom if it drops below 7700, or break below the ema ribbons. BTC will not enter a bear market because IT IS ALREADY IN A BEAR MARKET. And BTC can make a U turn and disregard all TA at any moment.
I projected a possible path. right now I believe we can hit 7500. but it can go as low 6k. I don't prescribe to the doom and gloom if it drops below 7700, or break below the ema ribbons. BTC will not enter a bear market because IT IS ALREADY IN A BEAR MARKET. And BTC can make a U turn and disregard all TA at any moment.
