Bitcoin Market Breakdown - July 29th, 2020
As always please do your own research, I am not a financial advisor.
- As I said a few days ago, Bitcoin in accumulation along daily support ($9188) now in a parabolic wave up.
- Hit every resistance to a Tee and has consistently broke through them as if they're nothing.
- Should have entered well below 10k this is just the fun part letting it ride out now.
- A pullback to $10800 support is possible, but I think it's the upwards movement now. It has already spent it's time in accumulation along there.
- We'll see what happens to the price of BTC, it is very overbought right now and I know market makers love to play with emotions and humble us little traders, but i'm still long til $11967
- 🎯 $11967 Resistance Level
As always please do your own research, I am not a financial advisor.
