This is the second dip in the intermediate bottoming cycle. If we hold $7,000, I see price higher in 14 days instead of lower (the ensuing rally could go over $9,000).
There were a lot of dips a few weeks ago and $7000 held quite fucking steady, i won't be surprised if it gets close, real close but I expect$7400 soon as well.Whoops, a bit lower than expected but I still think this is one of the better 'bottoms' for a speculative intermediate buy. The indicators have bottomed already and seem to be making a bottom again higher than the preceding short term bottom with the price making a lower bottom than the preceding higher bottom. I.e., possibly a tradable divergence.
But Bitcoin (and dumpers) can always surprise us

