BTC has momentum to reach 7.5k by the end of september and i do believe it will do this.
However, what happens by the end of september is what makes or breaks decisions investors are willing to choose in terms of buying bitcoin or not.
If btc can stay above the 50 RSI and remain in a bullish state as to where it is right now, we can see a new support of a $9,000 bitcoin.
Ultimately im long as of right now till we get to that 7300-7600 point - then i am pulling out and see where in the traingle btc will break.
However, what happens by the end of september is what makes or breaks decisions investors are willing to choose in terms of buying bitcoin or not.
If btc can stay above the 50 RSI and remain in a bullish state as to where it is right now, we can see a new support of a $9,000 bitcoin.
Ultimately im long as of right now till we get to that 7300-7600 point - then i am pulling out and see where in the traingle btc will break.