Only a $365 dollar range today
Traders in bitcoin are basically taking a day off. The low to high trading range is only $365 which is not a big move. The price today is down about -$82.00 at $6751.
Technically, yesterday, the price tumbled back below the 100 hour MA (blue line in the chart below). That MA comes in at $7026 currently. Stay below keeps the bears in control. Move above and then the 200 hour MA at $7120 and the technical story changes to more bullish.
![](http://az705044.vo.msecnd.net/20180405/2018-04-05_12-42-33.jpg)
Although more bearish, there is work to do to keep the sellers happy. That involves getting below the recent swing lows at $6610 and then $6450.
Overall, sellers in control, but action is quiet. At some point, the market will make another run. Watch the levels for the clues from "the market".