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RE: Bitcoin Dips Under $7000, Lower Price Expected before the end of June.
The sharp bearish move over the weekend signifies the power the bears have at the current time in the market. I believe we could still see price move lower with the next major area of support being found between $6,630 - $6,410. It is unlikely that we will see a reversal or even a stall in this bearish movement until we reach these levels.
Hi Steve! I agree with you I think we might see an attempt to climb back above prior support at $6800 but I reckon support will turn into resistance and trigger a wash out:
