BTC 8TH AUG.
Wow fell right through.
Down at the breakout level. This is an important point for BTC.
If we break this we are going to make fresh yearly lows, if we can hold we can retest the highs or even make a higher high.
https://www.tradingview.com/x/sa6BSTcS
Critical we bounce here.
https://www.tradingview.com/x/bm1nERpR
The ETF being postponed has freaked the market.
This is a big overreaction.
We could range and bottom out around here for a bit and still bounce up.
The bulls have not lost but have their work cut out.
https://www.tradingview.com/x/f6DwE8iF
The 50% fib is a good target for a bounce. $6641
https://www.tradingview.com/x/t5lwK3yC
I am desperately clinging to a bull case.
It still is 50/50.
This is san overreaction to the news not being rejected but just postponed, which actually is good if you think about it.
Why wouldn't they flat out refuse it if they were not considering ti at all?
This suggest they are at least mulling it over and need more time.
https://www.tradingview.com/x/Yf6mvyDG
The bulls must absolutely get above $6750 for the daily close,, if not lower lows incoming. possible $5000 target.
https://www.tradingview.com/x/ksklQQ9t
It just keeps falling, the TA perspective with all the death cross on multiple time frames this was foreseen, but this much?
This is an overreaction to the ETF postponed news, and probably exploited by the bears and whales.
We have a volume spike, relief rally? Dead cat bounce?
Bulls need wings now.
RSI is way over cooked on all times, so at least some sort of a bounce is expected.
https://www.tradingview.com/x/NSd56IDx
Volume decreasing, especially on these sell off, which suggests bears are tiring.
I do believe that no matter what we were to test that $6750 breakout range, but this si overkill and overreaction to the ETF news, which means 1 thing. OPPORTUNITY.
I believe we may get back above $6750 soon.
Be watching to see if volume spikes after it levels off.
When they fall this far this hard it is like a man falling off a wall, it will take him a little time to get back on his feet.
https://www.tradingview.com/x/uosRm3Yr
Come on baby bounce!!
https://www.tradingview.com/x/jKukrluH
Getting squeezed in between the EMA's on the 15 min. I like these golden crosses on the 15 min for scalps and little pumps.
New 4, 6 and 12 hr candle coming and the set up is looking bullish enough for me to go long for the short term anyway.
https://www.tradingview.com/x/NRNWXJEX
https://www.tradingview.com/x/1RavuMns
I like the 6 hr the most.
New candle just begun.
https://www.tradingview.com/x/HSPFBqMo
Got a mini pump but the cross didn't happen, bears not giving up easy.
They always fight harder closer to home.
https://www.tradingview.com/x/iDv2M0Vy
Bullish RSI divergence on the 1 hr, but bears are strong.
Anything here now may be short lived, look at the RSI,, just skipping up, could explode though.
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