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EXCAVO
Jul 27, 2017 9:42 AM

BTC/USD Short

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin
Look like Expanding lower line rising At first, expecting price will be in the support area (2360-2240).Then we can wait 78.6% level fibonacci until 1 August

Comment

Break resistance line
Comments
snakeat3r
well... looks like you were wrong this time
EXCAVO
@snakeat3r, lets see
sato84
@EXCAVO, i see a hanging man... will it go down?
edavidga
@EXCAVO, I think its going down know , what do you think?
sato84
@EXCAVO, resistance at 2671... should go down, right? if breaking through resistance at 2671, should aim for 2800-3000 or new ATH??
atsrchitect
@EXCAVO, Sorry to introduce the evil fundamentals to a TA site but people are likely looking to buy BTC so that they can get their hands on the "free" BCC come August 1st. Since most exchanges are increasing the time it takes to withdraw BTC and will stop withdraws all together on the 31st it is likely that people are going to rush and buy BTC over the next two days so that they have time to move it to a wallet.
a.zwiernl
@atsrchitect, i think this is fair to say :P
fineregex
@a.zwiernl, everyone who said this has a new account
Kriojenic
I think we will see a little over 3k before dump
patrickreiner
@EXCAVO looks like a breakout
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