Market go up
Cryptocurrency/Bitcoin Market Analysis 7/31
Today, as usual. Post-review because I’ve been busy lately. A lot of coins have been breaking out vs BTC. Like, a ton. STORJBTC is one example — something I am following (so no, not telling anyone to buy).
A reminder, this week is a massive earnings call week for the stock market which could rock everything, basically. It’s early to predict, but number probably will go up for tomorrow. SPY filled it’s gaps and so could go up another 6% or so before reversing, which would put bitcoin up some 20% or so. Bitcoin funding shows longs taking profit continually, so we may hit at least 27k before correcting in some fashion. Reminder, this is bear market despite people’s denial.
For other articles I’ve written, I recommend considering:
as these are important.