It was a good rebound from 6k, it can go even to 5.5k. The market makers (MM) haven't get in the game. Are they waiting for another drop?
In general, the second rebound is the big one. That is the second time that BTC tries to the bottom. Id depends how it develops, because now, who played in 6k, will take profits soon (before 9k), then will drop and let's see how it does.
After this, we need the MM to play his game, jump in the Market and increase the volume.
In general, the second rebound is the big one. That is the second time that BTC tries to the bottom. Id depends how it develops, because now, who played in 6k, will take profits soon (before 9k), then will drop and let's see how it does.
After this, we need the MM to play his game, jump in the Market and increase the volume.
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If passes 9.5K, change the fractal.
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extension of the fractal by some days, expect bottom or double bottom (6k) next week
If appears a large or quite big red candle, that means will continue with the fractal.