Techinical Analysis Update Bitcoin - BTCUSD - 8/4/17

in #bitcoin7 years ago (edited)


Watch the chart here
Previous Post here



Bitcoin broke out from the 3k resistance, along side bitcoin cash crashing below 300. Which could possibly be correlated to this pump among other things.

In my last post we bought the dip around the 2400 area, I don't think there is a ceiling any time soon I am betting on 3900. If you are looking to get in here I would buy any dip around the 2950-3000 area which was our previous resistance.


https://twitter.com/CarpeNoctom/status/893690960563118081





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Do you really think it will dip below 3000 now? I think 3000 is the new floor. honestly no clue tbh

I don't think it will either, but if it was going to correct I suspect it would be no lower then around there.

Nice analysis friend.

BTC going to the sky now. Keep your eyes there

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