Bitcoin / Dollar BITFINEX:BTCUSD
6750 Should act as resistance if the down trend is to continue immediately. If not we could definitely see a breakout above that level. This is the same price range that we saw the massive short squeeze a few months back and it has very little volume because of that. For a true breakout we'd need to regain 7600. I'm not expecting that to happen. Also waiting to see if we are able to hold the level we are sitting on now. If it loses this immediately that's really bearish .