BTC May experience a momentary increase to 6950$
We are in a strong support zone around 6700$, and BTC has consistently bounced off the blue line, which has acted as a long term support at 6000 and 5789$. But, please expect price to shoot down again once a break of 7k is attempted. Longer term i expect a decline to 6k as btc works in the channel. Moreover, just looking at RSI we can see that a huge rejection always occurs around the 60 mark.
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