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BTC making a strong rebound - downtrend might be over
Been sitting in a position with avg. price at 21110.
there's a high chance BTC will be making a strong comeback, and we'll see a cancellation of that small correction at 31k in august and potentially a very strong move(short squeeze?) in the area of sub 40k prior to futs expiration mid-late September, then a strong green open of October monthly candle.
But at that stage we'll be out of fuel(and our fuel is obviously consolidations) so we'll just come back to mid/low-30ies.
there's a high chance BTC will be making a strong comeback, and we'll see a cancellation of that small correction at 31k in august and potentially a very strong move(short squeeze?) in the area of sub 40k prior to futs expiration mid-late September, then a strong green open of October monthly candle.
But at that stage we'll be out of fuel(and our fuel is obviously consolidations) so we'll just come back to mid/low-30ies.
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