Next support levels for BTC

8 ביולי 2017

As you can see we have M patterns which are quite obvious and they speaks for themselves. First two of them finished its way dropping for 70% after they reached their tops. I expect no difference this time (first support line at 2300$). After, if bears continue their mission we could potentially drop to 2100$ Then if you are brave enough you can exploit short buy opportunity but be cautious. Until august 1. downtrend is expected.