If any technical traders out there are looking at BTC, what do you see? I am not a technical trader, though I do know some of the patterns and retracement levels.
To me it looks like it tested 5500 two times but got rejected. Furthermore, it now looks like a W, so that we can (technically) expect BTC to go up again, unless we have to test level 5500 again.
What do you see?
You may have a good point there, but for me Bitcoin will always react to the news and FUD around it. I hope these dramas will end so that we could see our Bitcoin soaring again.