Bitcoin, the road to august 1st.

27 Tem 2017

2 possible price directions for bitcoin up to august 1st. Due to the low volume on this bounce, I expect the red route for a retest of $2400 to be more likely.

28 Tem 2017

Not

Bitcoin has broken a long term trendline and is back once again in the upward channel. A lot of resistance is present at $2800 so we'll see a few retests of the resistance that has now turned support at the bottom trendline. Easy short if the trendline gets broken once again.