In my humble opinion BTC is going to drop more in this week, if we take a close look at the Cart below we ca see that the RSI indicator is in a downward trend, and the MACD is still going down.
Another important factor is that Bitcoin was presenting an very long upward trend that was broken in the 22 of June. It has a support line around 2,400 USD. I think it is going to brake it, next there is another at 2,200 USD and a very strong technically and mentally at 2,000
My prediction for the next days is BEARISH, and it may drop no more than 2,200 USD, but for me the target price will be around 2,400. And for the next month I will be BEARISH I am very excited to see what’s going to happened with Bitcoin on the 1 of August.
It will be very interesting that you people comment on this post regarding your own Target price for BitCoin.
Another important factor is that Bitcoin was presenting an very long upward trend that was broken in the 22 of June. It has a support line around 2,400 USD. I think it is going to brake it, next there is another at 2,200 USD and a very strong technically and mentally at 2,000
My prediction for the next days is BEARISH, and it may drop no more than 2,200 USD, but for me the target price will be around 2,400. And for the next month I will be BEARISH I am very excited to see what’s going to happened with Bitcoin on the 1 of August.
It will be very interesting that you people comment on this post regarding your own Target price for BitCoin.