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RE: 📑 Daily Crypto Calendar - August, 22nd💰
The event of 23rd August is meaningful for all of us. Many traders are waiting for this day. But i think before this day, i mean today market shows positive behaviour. In my opinion this is the sign of positivity in the Bitcoin market.
Let's hope it will be the case tomorrow too. Why is it so important for Traders and the Market?
Bearish Trend is over for last many days in Bitcoin. On 21 August 2018 Bullish Pin Bar was formed so today good bounce was expected and it happened. So if positive news came into market it will be great push to the market trend. It will changed to Bullish trend. That is why it was important for traders and market.
. But today price fell dramatically and if it sustained for next 4 to 5 hour then price can drop.
But currently market shows opposite behavior. As shown in the picture today price broke the resistant line and if it was closed above the line and good news tomorrow then bullish behavior was confirmed and next target was about $8100