Bitcoin Pullback
Bitcoin just keeps screaming higher. But the pullback is coming. I’m not saying a down trend is coming, I’m saying a pullback is coming. Just look how high the price has gone up in 24 hours and in the past week. You see the lack of volume on it’s enormous price moves over the past couple of days and even today? The stochastics is at the maximum high along with the money flow line (red). Steam will run out and prices will drop. But a trend down is not what I see. Bitcoin will take a few weeks off and will take a vacation and when it comes back to work in Aug Sept Bitcoin will march forward.
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