$BTC Yesterday, price tapped into support and bounced, but there was no strong buying strength behind it. Now it’s weekend and traditional markets are closed so price action remains slow and we are currently compressed tightly between support and resistance. However, the RSI is showing overbought conditions, the 200 EMA continues to act as resistance, and shows the overall trend still remains bearish. Combined with the weak bounce from yesterday, this increases the probability of a breakdown soon. Recent weekends have consistently shown bearish price action. If we continue to see weak momentum and eventually get a daily close below support, next week could easily close red.