Price Analysis: Bitcoin, Ethereum, Ripple, Litecoin, Ethereum Classic
USDT\BTC
We saw Bitcoin sinking on August 1st. The gaining area of $3000 in price has a fixed increase of $2,400. Yesterday events have affected the adjustment. It was immediate, but quite consistent. Bitcoin does not turn the peak in the autumn so we monitored the reversal up.
If a vital buyer, who bought from $2,400, is still holding their positions, then, in the case of a sink to $2,660, the price will bounce back up. Note that the number of undone buy orders exceeds the volume of orders to sale for more than a day now. If there’s no support for an rising trend, there will a turn down at $2,660 and the price will move plump to $2,450, at least.
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