BTCUSD Update from previous buying to sell posts

3 Ağu 2020

I still believe that they are buying to sell here even though we have broken through key resistance (downward trend line). Here we are in the 2nd week stalling at previous higher time-frame resistance, though this time we are clearly in the Buy zone. If there isn't enough bullish pressure to surpass these levels then we are looking for price to push down before going back up. I wholeheartedly think that we could see BTCUSD surpass the 24K mark, I just don't think it is NOW in this climate.