Guys keep an eye on the area in the yellow circle. If we keep our current trajectory it should be somewhere between $8640 & $8690 on Bitfinex. That is a key moment where we will test the supertrend line. If we pass it we are bullish
but still face huge resistance. If we bounce downwards from it you want to keep an eye on the red box at the bottom as passing through there would trigger a H&S
pattern with a target of $6k. The $6k target also aligns with the elliot wave
patterns which are floating around.