Technical Observation

Since Friday last week, BTC has picked a momentum to the upper side but is still below $6,969.17. I'm waiting for a breakout above this line to pick a long position. However, should the price get rejected from $6.969.17, then I'll expect a rally to the lower side. I therefore advice remaining flat for now but wait for either a breakout above $6,969.17 to buy BTC or a rejection to short this crypto towards $5,470.05. On its way to the lower side, the key lines to check for include $6,006.30, $5,542.00. If these lines are broken, then I'll expect another break below $5,470.05.

Trade Signal.

Sell BTC around $6,969.17

101% Double the volume