TA on BTC/USD

19 de jul. de 2018

Looking at the chart, it seems like BTC is on a overall downtrend. However, it just went on a bull run earlier yesterday and currently is at the top of the Bollinger bands (which often means a reversal might be coming). That said, I think its probably gonna stabilise at this level between $7,200 and $7,500 for awhile before having a next massive breakout/dump. But, I honestly feel that the ETFs news is highly going to be positive and hopefully we will see BTC back at $9,000-$10,000 in 1 month's time. Short term, my guess is that it will either stabilise or dip slightly. 1 month's prediction is that it will go above $8,000.