We had a nice rally but don’t forget we are still in the holiday's mode.
During this time the general interest thus volume is getting smaller.
It happens especially in August when people from the northern hemisphere are on their holidays and they don’t think about crypto but about food, beer and swimming pool.
As we previously claimed we will stay in the correction mode till the end of the summer.
We can expect some positive moves starting off from September.
We may reach even $50K for one BTC at the end of this year.
All we can advise you now is....
Wait for the dips and simply buy more BTC .
Here are the technical analysis details:
• A double top with the weaker second top observed
• The volume has decreased
• RSI – the price was much saturated when the price touched $12300
We also observed a pattern which is bearish
• We expect to reach the support at $11K
• It is likely we will touch $9500 again
So be patient.
Don’t be hectic.
The good time will come at the end of Q3 and in Q4 2019.
Thank you for your time and reading.
Do tell us what you think about the price at the end of December 2019.