Bitcoin | This Is It, Going Lower

Aug 2, 2020

This is it folks... Bitcoin (BTCUSD) peaked.

Here we can notice a strong bearish divergence between Bitcoin and the MACD/RSI.

We also have the Bitcoin CME Futures GAP which I wrote about on July 28...

Prices are now clearly aiming lower.

All the support levels are marked on the chart.

Namaste.

Aug 2, 2020

Note

The altcoins are recovering strong as expected... This can signal that Bitcoin will correct and then continue growing.

Here are some of the altcoins that I charted after the drop:

ChainLink Invincible... Chart Analysis | The Infinite Bull

Loopring Retrace Is Likely Over | Chart Signals Detailed (LEO)

Ark Recovers Nicely | Long-Term Targets Mapped (230%+)