Technical analysis Bitcoin. BTC-USD on May 24, 2018

BTC

The market keeps following the scenario going to 7200 level. We can point the long-term trend line on the 1-day timeframe, which is the strong support near 6950 level, thus, the 6950-7200 range is a possible reversal level from which the coin will start to form the uptrend movement towards the long-term trend line.