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JUST IN: JPMorgan says crypto market will rebound in August.
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$BTC H4 As for short term price movement, I’m expecting something like this over the next few days. Ultimately think we retest support at 55 or possibly move lower to 50 before a true reversal setup. Nothing indicating reversal currently. $BTC
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Market those days 😂
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Cooking 🧑🍳
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$BTC 1D Nice bounce so far but no reclaim. I’d like to see some consolidation into a reversal pattern to reclaim prior support at 56k. Consolidation generally means continuation so don’t be surprised if this moves sideways then lower.
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TRB made an nice move towards the 1 to 1.5 profit target. Set the stop loss to break even. $TRB
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