Bitcoin Price Update - BTC Is Struggling Around 6500 (Video)

[freeforever]

Hey folks, I wanted to share with you my thought on whats going on with Bitcoin so today we are going to have a look at the daily and 12 hour charts. Here is the daily chart:

Comment: As you can see from the chart, we formed a negative heiken ashi candlestick yesterday so that will likely mean that we could continue to the downside from here. But things could change in the near term, the 12 hour chart looks more optimistic at the moment (watch the video for that) and we do have to EFT decision coming up on Thursday so these are definitely exciting times.

Happy trading!

Comments

[grammarnazi]

You have a minor misspelling in the following sentence:

But things could change in the near term, the 12 hour chart looks more optimistic at the moment (watch the video for that) and we do have to EFT decision coming up on Thursday so these are definately exciting times.

It should be definitely instead of definately.

[onepercentbetter]

the bears around 6500 zone been holding well

btw come join us on @timm - a community for traders/investors to share and discuss
do you have discord ?

[text2crypto]

All eyes are on U.S. securities regulator which are going to take decision on ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF by Thursday, August 23.