BTC is currently trading with a neutral bias. I expect a spike towards $6,969.17 but from the look of things, BTC could plummet without making any clear moves upwards. Thus, if you're not already in a short position, you may opt to pick short positions now towards $6,005.38. If this take profit is broken, then the price will continue further to the lower side with the next take profit at $5,476.75.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Imelda Maseno
Analyst of «FreshForex» company
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