sykes

BTC still optimistic. August 1st 2018

sykes Updated   
BITFINEX:BTCUSD   Bitcoin
I still think there is one more up with BTC in this run. I think we will hit mid $9000 before another pullback. It could go down from where we are now but there is a chance to bounce.

Ideally it will shoot right up to the median but more likely a slow messy up with troughs and peaks.

Want to have a good bounce off one of the fib levels to bounce back above the 200MA on the daily.


The annoying thing about all of this is alts are suffering vs BTC, it is like its dominance is growing. Lots of alts look to be at the bottom vs BTC. Just some that look great buys but you just dont know what to do because they keep falling.

DASH

BTG

ZEC
Comment:
Not so optimistic anymore. Stopped out of some plays last night.
Broke the 50% fib and medin line and looks like its heading for $6600


Back into the down channel. Bounce of 78 is possible. But who knows.

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