Bitcoin - Trading Strategy through August
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Typically my bitcoin posts don't get much engagement but the pace of the market makes it the most fun to follow.
In my past bitcoin posts i have conveyed the same idea above. I have called this consolidation under 31k throughout the summer for awhile now. I think we get one more buying opportunity before 31k resistance is tested and broken for a violent move upward. Looking to buy the 27.5k area and will revisit this analysis once we get to the buy area.
If we dont see 27.5k that is fine, i dont like chasing entries. Those who have followed should have buys down from the 25k region back in May-June.
Leave your thoughts below!
In my past bitcoin posts i have conveyed the same idea above. I have called this consolidation under 31k throughout the summer for awhile now. I think we get one more buying opportunity before 31k resistance is tested and broken for a violent move upward. Looking to buy the 27.5k area and will revisit this analysis once we get to the buy area.
If we dont see 27.5k that is fine, i dont like chasing entries. Those who have followed should have buys down from the 25k region back in May-June.
Leave your thoughts below!
Commentaire
Impressive move upward. I don't believe we are going to get 27k anymore. Looking for more consolidation under 31k for nowClause de non-responsabilité
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