Bitcoin Market Breakdown - July 27th, 2020
As always please do your own research, I am not a financial advisor.
- Bitcoin broke out of the downtrend it was consolidating in, and it did head for $9950 which it touched and broke through
- After that BTC broke through $10350 which was the local high from the time President Xi endorsed Bitcoin. Now this $10800 matches us with 2020 highs before the coronavirus, so we are about to enter uncharted waters
- this is going to be tough trying to chart, but we've been managing so far so stay up to date by joining my free telegram chats
- 1st touch rejection off of $10800, but nothing to worry about yet, we've seen the previous two times passing resistance levels what has happened. and this time I don't expect much to be that different
- I would be surprised if we dumped from here, although not really because everybody including me is in on the long train and I know these exchanges / market makers love to play with emotions and humble ppl
As always please do your own research, I am not a financial advisor.
