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BTC in August

Watching BTC, 6800 level is the big one for now, though this number is popping up using so many tools it may just be blown away

At 6800 bears and bulls will have the big rumble, failure by bulls expect BTC to lows indicated on chart with horizontal blue lines

Breakthrough may trigger the short squeeze with momentum into high 7k range, potential bullish market to drive into the space between for 7800 or test of the 200ma

There are also a ton of longs out there from 6-6.3k

I used built-in indicators hoping they will still work when I click play in the future

For now just watching, this is the desert, there is nothing here, and no man needs nothing

Nota

weird path to 6800 lol

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targeting the blue line in main chart, it's the line of pitchfork intersecting S3 in this closeup, you can zoom out the main chart to see this

Nota

not sure bulls have much of a chance here, bull div spent and still nowhere near the target

Nota

divs playing out weakly, still very bearish

Nota

see how this all plays out, bulls failed to 6550

Nota

let's see if bulls can close up over the 6550

Nota

doc knows

Nota

one wick does not a trend make, weekend in quarter moon, could test that resistance again, otherwise the doom returns with vengeance

Nota

wicky in this region, bring back bart to reek havoc

Nota

simply garbage™

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very boring

Nota

ok nice

Bobby_Petrino

Penafian

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