Currently BTC is moving along nicely in a tight range.
Notice that short term resistance on the upside is about $2800, while a slump below $2600 would be a cause for concern. Considering all of the negative press lately, I would say that things are progressing quite nicely. What are your thoughts on Bitcoin? Let me know in the comments below.
So far so good for Bitcoin and international news of the fork. Check out today’s chart so far. Notice how there was some jittery, high volume selling on 7/31/2017. This action saw a low price of approximately $2600. Since then, plenty of grabbing (at a recent discount) has occurred to send the price action back upward. This is certainly signs of health in the BTC market. Woohoo!
Certainly for consideration is can $3000 be broken for a sustained interval. Time will tell!