rightnow BTC heading to bearish flag target at 2264.95. If somehow BTC able to touch resistance trendline, its a good point to short with target at 2412.97 If this level breakdown (fibonacci support and classic s/r) next bearish target at 2264.95 to complete ABCD bearish flag.
Thanks a lot for your work...
Would love to know what does your analysis say after BTC hits 2264 coz I guess its gona get there soon. So need to know I should buy at 2264 or there is more downtrend...are we looking at 1800?
AzrulAzir
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@sal174, i will update on spot after hit critical point
roxananechita
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@DianKemala, what is your view now?! It broke the wedge on the upside?! Do you still short it or the uptrend resumed?! Thank you.
HondaJr
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@roxananechita, I wonder that too even though I can never blame her about it.
Enhancement321
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Dian, what are your thoughts regarding "Bitcoin Cash" on August 1st?
guppy_
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@Enhancement321, I know you didn't ask me, but FWIW I think we will eventually see performance similar to that of ETC. Like ETC it will be mocked by most as just another altcoin, but the Bitcoin name will help it remain relevant.
Enhancement321
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@guppy_, No worries guppy, I appreciate your thoughts.
Would love to know what does your analysis say after BTC hits 2264 coz I guess its gona get there soon. So need to know I should buy at 2264 or there is more downtrend...are we looking at 1800?