Looking more and more like we are heading to eventually test 5k. The price tested that resistance several times and actually where able to pop through, however with no follow up vol or intensity. So instead of us bouncing back into the 7k range, it's looking like more sideways action before another fall.
Also the recently pump is more of a reaction related to the recent price dump causing Bitcoin to be oversold on the shorter timeframes, rather than a purposeful drive up with force.
Also the recently pump is more of a reaction related to the recent price dump causing Bitcoin to be oversold on the shorter timeframes, rather than a purposeful drive up with force.