Btc update you can folow

BTC Update

Low volume brought prices back to test the support levels again. Bulls need to keep it above the 7450 to fit the bottom formation scenario. First step now is a push above the 7580ish, that should cool things down again. So far that resistance line on the chart on the right is still to heavy at the moment. Thats why much more volume is needed to break that level again. If bulls don't show conviction if another attempt will happen, it will probably just be too much and the chances will increase allot that the current support on the lows will break. It could also mean the whole uptrend we have had from the 6K's could be over already as well.
It's much too soon to start dropping now already, but it's Bitcoin, anything is possible.

Whats your opinion about it let me know by commenting Below .

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