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Bitcoin Trend change “BULLMARKET” confirmed!
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Bitcoin Trend change “BULLMARKET” confirmed!

by Rico ChetteJuly 23, 2018

Bitcoin broke through key resistance points in the 7700-7800 levels today without retracing beforehand. Major institutional investors/Hedge funds will see this as a major turning point for BTC and scatter the field and any future pullbacks with a multitude of buy orders. Majority of them should reside in the low 7k range to mid-upper 6000 range. Watch for indications of future upside BTC movement with increases in bitcoin prices vs ALT coins, as well look for upside spikes to be more prevalent in price behavior in the coming weeks/months. The majority of ALGOs/Technical methods many of these funds/institutional investors use will have triggered and upside volume coming in on the buy side should be very pronounced. Liquidity does reside around 7800 short term, though being it breached can allow the interest of the larger fund buyers to overwhelm the sellers in a grand fashion, thus crushing all resistance and exacerbating the upside movement.

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About The Author
Rico Chette
Rico Chette
Ricco Chette is nothing like what you could imagine, a fighter for the lost, weak and marginalized. Rico blazes a trail of truth often with a bullet or a glass of wine. You might think you know Rico, but you don’t… Lover of Crypto, Freedom and the Truth. Hear HER ROOOOAAAR!!!

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