Bitcoin sitting high not lowsteemCreated with Sketch.

in #bitcoin7 years ago

Still looks a lot of downward pressure in Bitcoin is due. Also, look at that divergence with weakening bull strength.

Of course, after Aug.01 we could see a huge pop upwards, but I don't see that energy forming yet.

Someone who tracks MACD financials please tell me what I'm missing in BTC...

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I suspect we could see lower prices before it does another moonshot. We could have missed the low already though.

The expectation for moonshots is why there's a bubble. Which is why, for a short period, I expect to see prices push down hard after maybe touching $3K.

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