BTC/Bitcoin Price Analysis August 2018

Once again, BTC hits level 6,000 like many times in the past this year. I have said from months ago, pay attention to this level for a move. Either a short or buy position. I am more bias to the upside, since there is no reason to say it will break to the downside. Nothing is saying short BTC, until price has been FULLY broken.

I posted an analysis a few months ago on here, and many people told me, "No, No it's going down". & I just laughed because if you know simple price action and candle sticks, you will have an idea where price will go next. SO, ONCE again, I state we are at price level 6,000. Look for a possibly buy move, IF, rejection or something supports to take a trade to the upside.

Enjoy this free and simple analysis.

You're Welcome,
William.