Analytics Bitcoin Shortterm Daily 8/1/2021

Bitcoin Go Up to $40.000 and after Dump To $36.500 and Pump to $40.000 again.

Will Bitcoin go next place in short-term?

In chart 4h. Bitcoin refused zone price $40.000
Now bitcoin have establish price adjustment in short-term

MACD and RSI show bitcoin have down a little or more.

We have two zone Support $35.000 and $31.000
Bitcoin have bounceback after test zone support.

When bitcoin bounceback, Altcoin have foloww and bounceback stronger.

Comment:

My opinion. Don't trade in this market. It have dump and pump everytime.
It will be risky to invest during this time

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