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in bitcoin •  last year

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Hey fellow traders and Steemitons,

I just want to put some thoughts out here in case some people were freaking out with Bitcoins recent break down.
If you take a look at my simple chart you´ll see there is nothing unusual to see, what Bitcoin did just now was nothing to panic about if you´re holding Bitcoin, in fact it looks more promising than ever with support levels of $2,600 holding up and as I write it´s actually bouncing.

In my opinion with current fundamentals we are still on track to test ATH again and most likely smash through it. Once we get past the 1st of August the brakes will come off!

Safe trading and steem to all.

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