฿ Bitcoin BTC/USD Daily Video, July 28, 2020

[Sive Morten]

Good morning,

Activity returns to BTC market as well, so that price completes daily COP ~ 11.125 area. As price stands at overbought we suggest pullback to 10.5K area:

 

[Brett Reynolds]

Excellent! I like Ethereum Chart Better..!!

 

[kris82]

You mentioned that after reversal deeper pullback can happen. Indeed there is also one thing that is for this option - huge CME gap @ $9600-9900. Of course it doesn't have to be closed, but usually BTC is closing gaps sooner or later. So let's keep an eye also on that.
Great job Sive, I learn great stuff from you. Thank you!