We can see clearly on the monthly chart bitcoin is in fact
Our Blue 21EMA has NOT been broken and has seemingly bounced 3 months running from this
so good things for bitcoin? if bitcoin can stay ABOVE this 21EMA level we can feel more on our predictions BUT its not out of the woods yet, need a strong push above 6800 and then momentum towards higher support levels in the coming weeks as August comes to an end and a new candle will be here
If this months candle does CLOSE under the 21EMA then i think we would be in a bear market on all time frames and could make for possible lower lows for bitcoin in 2018...
...so will August be the month to break or make bitcoin?
....whats in store for september?
.....will gains be made in coming months towards 20k again?
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triangle breakout imminent!
....well in sept maybe :)