dragononcrypto

Bitcoin Summer Outlook

BITSTAMP:BTCUSD   Bitcoin
Price at TD 9 Sequential reversal on Daily chart with a bearish sloping 200 Day MA resistance level so expecting a small retracement.
Price above $37K volume level for now, where most of the volume as come from in past two months. Likely to act as new support.

Price held the $25-30K level as anticipated, the short and mid term MAs lie around $34K-35K, the resistance breakout level.


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