Bitcoin a new High but also a new Uptrend?
Bitcoin made a new recent high in July up to almost 8500 USD
But can it make a higher low in August?
Creating a bottom at 7300 USD is possible, but 6500 USD seems more likely.
Still 6000 USD is the bottom that should hold for the short term bull move to stay relevant.
If this swing holds, an attempt up to 10.000 USD is possible again.
But can it make a higher low in August?
Creating a bottom at 7300 USD is possible, but 6500 USD seems more likely.
Still 6000 USD is the bottom that should hold for the short term bull move to stay relevant.
If this swing holds, an attempt up to 10.000 USD is possible again.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.