Bitcoin technical analysis 27.7.18

Hey guys,

Bitcoin was quite on the run in the last couple of days, topped at 8,5k. We got a little pullback to 7,8 area, but i feel like it's still has some more room to go down to 7600-7500$ area before retesting upper resistances.

So from my perspective we'll go slightly down some more and sideways before retesting higher.

Sentiment is still extremely bullish, that's why I discount bigger pullbacks currently unless some more FUD comes along. Threat with care.

Ty for reading