BTC Summer of Bulls, new ATH next days?
The Bitcoin might bounce off from the 2800-Support, eventually it will even fall back 2700 and break the trend downwards for a short time. However, the trend remains strongly bullish. If the 2900 Resistance is broken, it will move up to 2940 quickly and from there the new All Time High 3000+ is already in reach.
Only if the Coin falls back to less than 2650, there could be another V-Formation, after which a bullish trend continues with unclear price target.
Idea is to look for a good long position between 2700-2800.
Only if the Coin falls back to less than 2650, there could be another V-Formation, after which a bullish trend continues with unclear price target.
Idea is to look for a good long position between 2700-2800.
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