Short-term selling opportunity below 500 US Dollar
--- UPDATE 3:
The price bounced very high at $487 and not as expected at around $450. I'm bullish again.
--- UPDATE 2:
The good news on Friday even with the launch of the first Bitcoin ATM in Manhattan, New York wasn't enough to start a real uptrend. The bears won. This weekend we are going to see if $442 is the bottom for Bitcoin in August.
--- UPDATE 1:
We are getting stable above $500. Here is my new idea for a long entry:
tradingview.com/v/2kmc9pFJ
----
It seems we test the last bottom at $440 again, before we might finally go up. If we fall below $440 we are doomed to go much lower. Price during creation of the chart was $510.
The price bounced very high at $487 and not as expected at around $450. I'm bullish again.
--- UPDATE 2:
The good news on Friday even with the launch of the first Bitcoin ATM in Manhattan, New York wasn't enough to start a real uptrend. The bears won. This weekend we are going to see if $442 is the bottom for Bitcoin in August.
--- UPDATE 1:
We are getting stable above $500. Here is my new idea for a long entry:
tradingview.com/v/2kmc9pFJ
----
It seems we test the last bottom at $440 again, before we might finally go up. If we fall below $440 we are doomed to go much lower. Price during creation of the chart was $510.
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