Main Quotes Calendar Forum
flag

FX.co ★ BITCOIN Analysis for July 17, 2018

parent
Crypto Analysis:::2018-07-17T12:23:11

BITCOIN Analysis for July 17, 2018

Bitcoin has been impulsive with the bullish gains recently which made the price reside above $6,500 area again with a daily close. Bitcoin has gained slightly over 4% in the intraday trade which signals great momentum in the recent price action that indicates further impulsive bullish pressure to push the price higher towards $8,000 in the coming days. At present, despite no negative fundamentals, the price is quite indecisive at the edge of Kumo Cloud resistance after breaking above $6,500. Though certain corrective indecision is unfolding, the price is expected to continue climbing higher in the future with a target towards $8,000 as the price remains above $6,500 with a daily close.

BITCOIN Analysis for July 17, 2018

Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...