We had a very strong bear run from $8400 on 26 July and a lot of gurus came out predicting a new low of $5800 and even $4950 by Tone Vays. But it does not look like Bitcoin is ready for those lows yet.
We bounced off $6085 on Bitstamp and currently we are on $6400. Is Bitcoin getting ready for a lower high below $8400?
Here is Dan from the Chart Guys with his short term analysis:
Do you see a new rally coming?
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