Brooksielad

Possible Gartley pattern forming.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
It seems Bitcoin has now found substantial support above 6k at multiple levels. With bearish pressure easing over the last few days, Bitcoin looks set to test 7k. If the bulls can breach 7k and clear; we could be looking at a test of our last significant high 8.5k. That being said, Bitcoins following move may rest on the outcome of an ETF decision on September 30th. Looking to take small positions short if we do see ourselves above 8.5k in September.

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