Bitcoin found itself going sideways during most of the session on Monday, as we continue to hover just above the $4000 level. Because of this, I think we are in an accumulation phase, meaning that adding slowly is probably the best way to go, and move above the $4120 level could be the signal to the market that we are getting ready to reach towards the $4300 level above. I have no interest in shorting, I believe there is massive amounts of support down to the $3600 level.
PLEASE READ REST OF THE POST FROM SORCE http://www.newsbtc.com/2017/08/22/btcusd-btcjpy-technical-analysis-august-22-2017/
