On BTC daily, clearly Broken trend is turnout to be a faker. As BTC hasn't made higher high(to beat earlier high was 10500 on 13th Feb), it is likely to make new lower low(to go below the current recent low of 8100 made on 10th May). Likely expected bounce around 7600 area(Thanks to strong support created by 23rd Nov to 05th Jan platform and a supported fib 0.382 level).
Too early to say a move beyond that! If I may dare-->
As per past trends, it is likely to make a sideways move before a sudden that will challenge trend(RED diagonal line) and immediate downfall to fib 0.5 where it has another confident support.
Too early to say a move beyond that! If I may dare-->