Three-two-one what's up everyone day in here crypt o capital venture July 31st 2018.The last day in July bitcoin keeping everybody on the edge of their seats and that's what i want to talk about this video.Bitcoin price what next what's happening are we tanking are we gonna see new low soon that's what i want to talk about let's jump right in and look at a tweet, that i just tweeted not long ago said July 14th to July 24th up 37% July 25th to now down 10% deep breath everyone.
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This could be very healthy which is true or we could be at 5,000 dollars next week which is also true and first off that's really.What we do on this channel is we look at the upside we look at the downside we evaluate our portfolios and we make our decisions from there nobody in this market can predict what will happen next.Be careful if anybody says they can so that was the first week and then right after that I tweeted a more technical analysis type of tweet which was about the Fibonacci on Bitcoin daily chart,so Bitcoin Fibonacci on daily chart most previous higher low to most previous swing high that's what we're looking at important channel of support between seven thousand four hundred ninety seven dollars.Versus two seven eight six and seventy seven ten which is the six one eight Fibonacci if Bitcoin does get bounce in this range .It would be a classic and healthy higher low on daily completely true so we can get a sense of what I was talking about in this tweet you.See Bitcoin kind of with this pullback here on the daily chart and here's that six one eight on Fibonacci to the seven eight six.
