BITCOIN analysis 19th July 2021
BITCOIN continues to move sideways in a tighter and tighter range. We can expect to see a breakout soon but when soon is we can only guess. All the signs from a technical standpoint are pointing to a decline in BITCOIN'S fortunes from these levels to support at around $29,000 - a decline under this level opens a steeper decline to Fibonacci support at $25,380 (38.2%) and $16,100 beneath that (23.6%). No evidence of any BULLISH pressure currently.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.