If bitcoin can stabilize here for the long term future I can see this trending higher, the wicks on the July daily candle correlate to high buying volume as bitcoin retraced to its original break out position back in June. I'm hoping it will not take 6 months for another move. I'm long BTC as long as 10,000 level holds. Interested to see where the monthly close is...
The weekly & monthly on $IBB still looks intact to me. Since the sentiment is overly bearish I think I should think on the contrarian. Weekly and Monthly approaching this 100D SMA and it may take some time but I would keep this as a side chart or block scan alert
