It looks like we can close the weekly candle under the level of 0.236, so the possibility to test lower levels is growing. Important factors - EUR/USD and GOLD - should start a downward movement. Actually I hardly believe it, but why we have seen today such a big sell of BTC? Just to make a smaller gap for CME traders on Monday? Probably there are more reasons for these actions. In my opinion, we will see a flat or lower prices next week. When everyone believes in growth, the price can change the direction.
This post is only for educational proposes and does not provide financial advice.