6,600 looks like an important level for Bitcoin
The support line at 6,600 was the base of a big triangle and it was looking gloomy when that broke. The price has bounced back to test that level again. If it can close above 6,600 in the next few days, there's a chance it was a false breakout. If it can't stay above 6,600 in the next few days, then I think the bear market will continue and Bitcoin will make new lows for the year.
This is just my observation, not financial advice.
I think BTC my have another re-test at the lower level of $6000-6200 before deciding to go up or leg down. Personally I think the best buy range should be $6090 - $5750 - $5440
The next few weeks are going to be interesting. Will there be a dramatic low or has the worst already happened? I expect the bear market to end more dramatically but that's just my guess. Some people are predicting sub 5k and that could happen but I think there will be a lot of buyers if it goes that low. Hopefully it will look much better later in the year.
It depends, honestly. Based on some speculations and charts, I might suggest a brighter future beginning from July. Right now we may see a sideway movements within range of $6100 to $6800. More or lower than that may lead to a break out.
A sideway may cointinue and finish around the last days of June.
Current price is 0.12 or 0.121 SBD for 200%, 250%, or 300% upvote based on tier level.
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