Yurlo

IS IT OFFICIALLY "BUY THE DIP" SEASON?

Long
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Ever since we broke 10500 (hisorical resistance - a 2 year ++ downtrend):

#1: We've seen every dip get bought up instantly pushing the price back upwards creating a wick to the downside ( bullish )

#2: We literally broke one of the biggest resistances in the entire BTC life expectancy. (had a weekly and monthly close above this)

#3: We broke 10500, and 10900 was eventually broken and turned into support. (could be first confirmation of bull market)

#4: The entire world is still in a "bear market" mindset and there's nothing bearish about the stock market or crypto lately.

#5: I think bears are dead....I think August will be the deciding month to confirm bull market or just a fakeout.

Enjoy the rest of your day.

Comments

Thanks for sharing! Thoughts?

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