Possible long opportunities
Updated
There was a first breakout on july 3rd, leading to the price of ~$2640 on bistamp.
Since then, price stayed in the $2500 / $2600 area, whenever it tried to escape that box, it got back in really quickly.
In the next few hours I believe bitcoin is going to break out one way or another. I believe it's most likely to go up because the up trend showed more strengh overall, and the downtrend is just one week old, so it's kind of easy to break.
Since then, price stayed in the $2500 / $2600 area, whenever it tried to escape that box, it got back in really quickly.
In the next few hours I believe bitcoin is going to break out one way or another. I believe it's most likely to go up because the up trend showed more strengh overall, and the downtrend is just one week old, so it's kind of easy to break.
Trade closed: stop reached
BTC goes down and broke a major support, we still got time to recover but it's looking really bearish to me. It's goint to go test 2300 support, you can try to buy the dip near $2330 but don't get greedy because the situation is really unclear right now.
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