#BTC still on track to 10k long
It is visible that #BTC couldn't make it past the 8500 USD level and it was then rejected which will probably made it back to the trend line as low as 7000 USD and it will try to resume the trading pattern just above the trend line and below the weekly level created some months ago around 7429 USD. I believe this is the start of a wedge that will probably end within the descending channel and most likely be respected so there is strong likelihood to hit 10k USD per #BTC still by September.
Trading view
What are your thoughts on current #btc movements? Are you buying or selling?
Should #steem follow the uptrend movement?
There isn't news that could pump the #BTC but maybe the move is market generated which should fuel the movement or maybe I'm not aware of them, there should always be something behind how markets react.
@raserrano - Developer
 | @kedjom-keku | Conservation Association |
 | @treeplanter | Fund-raising upvoting bot |
 | @forestfriendly | Water Saving bees |
I see your analysis on the daily time frame, are all your support/resistances based there?
Posted using Partiko Android
Actually nope they come from monthly and weekly level
Posted using Partiko Android
Hi @raserrano!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 3.979 which ranks you at #3585 across all Steem accounts.
Your rank has dropped 32 places in the last three days (old rank 3553).
In our last Algorithmic Curation Round, consisting of 172 contributions, your post is ranked at #127.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!