BTC-USD Bull is strong

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin chart looks very bullish now. We should be able to break 6800$ today
I think we should expect the rally to 7500-7800

Game on

P.S: this post is for fun :)
Comment: next bus stop should be near 7k :)
Comment: disappointed in bull. Just another rising wedge
Comment: we are approaching the lower line of the wedge soon so we can expect an action within today.
I have pointed out 3 possible supports. Breaking below the blue line is a really bad situation
we are in a rising wedge. However, I still can't trust much about this wedge because it only has 2 touches and last week bitcoins has fallen out the wedge then made higher high then dropped down . It has forced us to change the lower line of the wedge 2 times already so the this rising wedge is not reliable

My opinion is the market is still bullish and we will head to 7k then 7.5k
Comment: by observing how strong alts recovers and some didn't dump much yesterday, I still see the potential of Inverse head and shoulder is pretty high
Comment: August 10th, SEC's decision time for CBOE ETF.
End of July , G20 gives out general regulation framework

im seeing a lot of bull sentiment around end of July now :)
Comment: SEC is opening public comment for ETF. EVERY CRYPTO PLAYERS should go here to submit your feedback. We need to make ETF to be approved
Comment: if we don't make lower low today, the chance for going up in next days is extremely high. It is not bitcoin's style for taking more than one day resting before dumping more
Comment: btc has decided to go lower again yesterday. However, both ETC and ETH don't follow its drop (usually etc will do x2 drop more than BTC). Lot of alts also don't follow btc too. This makes me to believe that we are approaching or at bottom already (The worst scene will be a 6k which matches the 0.786fib), then after that we should go up. In addition, crazy buy side support has popped up again below 6k :). Last time when it happened, it did a double bottom then shoot up :)
Comment: the falling edge is getting narrower. Buy order should be laddered from here down to 6k$
Comment: personally, I don't think this dump is similar to other previous dumps. If it is the start of series dump, alts won't recover and start making some higher move. This dump is more of like a correction for higher move instead.
Comment: same old trick . Hix
Comment: so alts' movement are exactly the same as what happened on April. Guess what will happen to btc , next?
Comment: im 80% sure now that we will go it . Don't be fooled by these shake out :). Lol
Comment: go up*
Comment: fake dump, don't be scared at buyiing , people. im sure we are at bottom now. Look at the volume
Trade closed manually: i made new post


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