I can't really back this with fancy TA, but it feels right. And I'm betting on it!
This is a visualisation on bitcoins next move. As we see, we have formed 4 consecutive higher lows on a longer time span. Im positive this pattern will repeat again. U can see on my drawing, what I visualize will happen. When we will hit a higher low, close end to september, a bearish sentiment is in, for hitting a new lower low. Putting bitcoin at a realistic...
So once again Bitcoin is on a critical point in which holds two possible scenarios. Continue downward movement to the next strong support around 6.7k level or rebound back to the resistance at around 7.4k. Its still in an ambiguity creation scenario to say where it is heading but from the above two scenarios testing the 6.7k is more likely the one to happen. Both...