Crypto to Watch - Bitcoin (BTC) - No base yet!

The support at $6575 is broken. Bitcoin is at the psychological support at $6500. The 50 day moving average has turned down sharply and the MACD is headed to the bottom. The bearish volume is still high.

It looks like the move down will continue. The next support level is at $5750. While I don't like to use the word hope I hope that Bitcoin does not test the $6000 level.

I have my orders placed and will leave it to the charts, and fate, as to whether they kick off.

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