The easy ride was fun while it lasted. That doesn't mean good time are over, it just means the 4 month streak of green candles ended with August closing lower than its opening price.
All that means to me is September is a crap shoot as when looking back at prior monthly green streaks the next month was sometimes red, sometimes green. There was no definitive trend.
This may sound crazy...
But I wouldn't mind seeing price give us a red September and touch 95K. 1.) it will touch the uptrend line on the above chart and give what I think is a great buying opportunity. 2.) Going sub 100K will cause alot of price action and emotional trading from the market.
Anyway, it's a long short but anything can happen.
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