Some time ago I've noticed that usually around the 6th of each month there is a significant trend change or boost to its current direction. This is probably how the trading bots are programmed and it's quite clear that it's worth paying attention to that.
On the chart below I've marked the 6th of each month for nearly the whole past year and I drawn a regression tool between each of these dates to clearly show the trend in each of these particular periods. I have extended the last one to reach the upcoming 6th of July and it clearly is indicating that we'll see a drop down to around £5300 before the next trend direction change. Many people online have been already saying for some time that these price levels are quite possible, even around $4000.
