Bitcoin now into Sellers Territory.. 2400$ and 2100$ targets on downside...
Hello, i shared my technical analysis last time upon dipping of Bitcoin under 2000$ and making Double Bottom on Daily Chart but since pattern is on Daily chart i think before 1st August upside is limited and range will remain in place.
So now Bitcoin and Altcoins went up i think shorts are getting ready especially in Bitcoin..
I shared my analysis on altcoins as well with price targets.. Stratis went more than 100% with pivx and doge... here is my altcoins blog:
Rebound on way after 2nd plunge down!!! Buy for short time
https://steemit.com/steem/@hellogelt83/rebound-on-way-after-2nd-plunge-down-buy-for-short-time
Bitcoin Blog:
Where Bitcoin can go... short term!!! Before 1st August
https://steemit.com/steem/@hellogelt83/where-bitcoin-can-go-short-term-before-1st-august
For now i am not buyer of Bitcoin before 1st August... i think any break of 3000$ will be fake before 1st August to rip off traders stop losses!!!!!
Now i think downside again towards 2400$ and then 2080$... then consolidation and later 1st August God knows!!!
For now shorts are more appealing to play the range.. Good Luck and Steem On!