As you can see, so far the BTC has been following and respecting the drawn lines and if the existing trend prevails then a consolidation period with a significant amount of dips could be seen. This may pull BTC to the lower areas of the chart with valuing around or above $555XX (just a anticipated value based on guess)
Jst an idea that popped out of somewhere :)
Jst an idea that popped out of somewhere :)
Comment:
As we expected BTC has come to the lower regions. Now a reverse trend could be expected from the drawn support curve or line.