Bitcoin is not looking good here after a big volume day yesterday.
A Bearish Inverted Hammer is forming on an Inside Bar which is negative.
The other negative factor is that the resistance at $7360 is holding strong.
The MACD and RSI are neutral.
I put the odds at 60-40 that the next move will be down.
I predict no December rally. The talk about bitcoin around the Thanksgiving dinner table is going to be "stay away from that stuff." Sentiment is bad now. I think it is going to get worse IMO.
Well you have been spot on so far.