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FX.co ★ BTC analysis for July 06,.2021 - Watch for selling opportuniites on the rallies

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Crypto Analysis:::2021-07-06T11:51:04

BTC analysis for July 06,.2021 - Watch for selling opportuniites on the rallies

Technical analysis:

BTC analysis for July 06,.2021 - Watch for selling opportuniites on the rallies

BTC has been trading downside as I expected. The price is heading towards the first objective at $29.000

Trading recommendation:

Watch for potential selling on the rallies with the downside target at $29.000

Bollinger bands are contracting and this is sign that breakout is about to happen....

Resistance is set at $37.000

Analyst InstaForex
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