#BTCUPDATE - 30.7.21 LITERALLY NO SURPRISE

As I have been warning for the past few days BTC has been throwing up bearish flags everywhere.

We are straight down to first support - which is quite a strong one of the 200 DEMA although I think a small bounce here and the US online will sell and push down quite steeply. It should be an interesting weekend.

If we lose this support at $38.5k then next stop imo is $36.3k.

Benefits here are that we needed a correction after a heavy pump - and it is setting up nicely for an ultra bullish August. When ETH London Hardfork & German Institutions come online.

My play is to target $36.8k from here and then see if it holds - if not then look to $34k. In the same breath start accumulating/DCA'ing BTC on the way down now as the come back pump is gonna be REAL!!!!