Technical analysis on the Bitcoin:
According to the daily time-frame, BTC did test and reject of the main multi pivot resistance at the price of $7.650. Bitcoin filled the gap area to the downside and It confirmed that sellers are still present.
Support levels are seen at :
$7.200
$7.000
$6.600
Resistance levels are seen at:
$7.650
$7.850
MACD slow line is still negative and below the zero. Overall, the trend is still down, Watch for selling opportunities.
