I am not actually expecting this because I was thinking that if Bitcoin can go higher than #8,300 then it will be moving sideways in the next few days. Today, Bitcoin plummeted to lower than its support level and is standing at $7,654.85 per CoinMarketCap figures. The whole cryptocurrency market is on the decline and is painted with red juice color.
Where is the next direction of Bitcoin is everybody's guess but I am a firm and strong believer with this coin that I am predicting that it can in hours be heading south. I am still inclined to believe in many analysts' prediction of it to soon breakout the $8800 zone.
Am I just over optimistic and blinded by things happening the market today?
Markets have been slow crashing ever since the 20k bubble burst,
the few upticks were nothing more than dead cat bounces, the long term trend is collapse of price below $1000.
Bitcoins survival is questionable.