Apologies for the missed BTC Updates, unfortunately I have been hit with the 'rona, so will update when feeling up to it.
The prediction from the 23rd July has continued to be pretty spot on and expecting the price to follow the path - we have halted at $46.9k which is where I outlined the major resistance - I think we will consolidate under here for a short while before the next major pump.
There is no indication just yet of any major incoming correction. The impact of the infrastructure bill has been surprisingly small all things considered - and is a pretty bullish sign that it has dropped the market significantly.
My play for BTC is to look at a little bit of range trading between $43k and $46.9k. I feel we will track down to $43k from here and then bounce for another test of this upper resistance. Note we could see a test of $41.3k though.
