Bitcoin price has weathered the storm of BCC FUD and the crazy week in crypto overall. It seems that the uncertainty around BCC is clearing up as more people/exchanges are identifying it as another alt. Expecting a short term rise to $2750 where we will grind until after August 1 (when many exchanges resume Bitcoin withdrawals and deposits).
Commento:
Downtrend on the hourly here. Looking for a slow down at $2657.
Commento:
Looks like bottoming in the 15 min time frame.
Preliminary target to ~$2730. Secondary target ~$2770. Then back to grind.
Preliminary target to ~$2730. Secondary target ~$2770. Then back to grind.
Commento:
Gottem. Also cleaned up my sloppy arrows.
Commento:
Scratch that original arrow.
Expecting grind around the same level until SegWit activates ~August 8
Expecting grind around the same level until SegWit activates ~August 8