AlphaDreams

BTCUSD - Hourly Resistance and Fibs I'm watching

BITSTAMP:BTCUSD   Bitcoin
I try to analyse as much as I can to see what is obvious and not so obvious so, when it comes down to making decisions based on price action change, I am ready. We know August will be a very interesting period for bitcoin as a "vote" is made and during or even before, we may see some people pulling out to "play it safe" while others ride it out. We have no idea of the outcome or the movements of capital prior to the vote so staying nimble will be key to those who are trading during this time. Use care with the volume you trade or keep in the crypto and good luck. August is a few weeks away so I'll be looking for any highs to exit portions of the coin for safety elsewhere but keep a small amount to ride the wave.

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