davedesigns

BTC Heading to August 1

COINBASE:BTCUSD   Bitcoin
4HR chart looks bearish to me - MACD about to cross down and stochastic pointing down means price is likely to follow.

After the hoopla of August 1 is past, I predict a rush of BTC into altcoins pumping them up and pushing BTC price down.

$2540 and $2400 areas look like good support, but I would wait to buy until it's oversold again.

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