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.