After several attempts Bitcoin has failed to break the $6850. We can expect it to break to the down side from here with a breach of the trend support line cementing in a trip to the 50% Fib and $5300 range.
If Bitcoin manages to break resistance I'd be flipping long. Under the current environment anything could change at any minute.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.