The main trend is UP, however, we are now at a critical point with the split of Bicoin happening on 1st August and plenty of volatility is due.
The main point is that NOBODY knows what is going to happen to price. Bitcoin Cash camp will be pushing their currency and Bitcoin will be pushing theirs. In short PLAY SAFE.
Get ready for some cheap coins at some point over the next week.
Breakout was valid and those that bought it were rewarded. On its way down now get out while you can.
Answer42
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There was no panic with the Bitcoin Cash split and we got stability for a few days and now a clean break out for a new all time high. Price now needs to stay and hold above $3,0000 to form a new support level.