The winners of bitcoin price for July 2021 is average $40,001 - $42,500, who the winners for this event should get 15x. I regretted to didn't bet that much, I put on much average of $25,001 - $30,000.
So, in August is it still that average? the bet already opened. maybe higher than July, possibly very close that that price $42,501 - $45,000, $45,001 - $47,500 or back to $35,001 - $40,000. maybe better to all in before closing the events (1-6 days left).
Honestly at some point people were thinking under 30k is a lot more common sense and I do not even mean like regular option, I mean like "common sense" as in "obviously it is going to be under 30k, everyone knows this already!" because of how it looked. And now we have seen over 40k which is insane to think about compared to how the general month have been.
Look we have seen 40k and more before but for the past one month it looked like the price was closer to 30k and failed to go above 35k for a long time so it was really considered that it would be around those levels as expected. I lost as well, I didn't even consider 35k+ to happen but this is the first time I am very very happy to lose a bet
.
Currently, I'm in
70% Bullish and 30% bearish, This fantastic MACD and RSI gives me confirmation to keep up the long position during the whole of
August.
Now the market is reached to the strong resistance zone, we could not break this resistance zone for the last 3 months. Maybe already you've noticed a pullback from the resistance area, it was a clear reversal signal towards the key support level but Surprisingly till now the market is holding $39K price range, which proves the market is how stronger now! So, a new attempt to break the 42K resistance is reasonable now. When we are able to break this resistance we will fly once again,,,
emm, any pullback up to the key support level ($30K) won't break my Bullish long position.