BITCOIN Daily Update (25/7/17)
All the hype on bitcoin about it going upwards on the media, however price is decided to act on the opposite side.
For the past 1-2 months, cryptocurrency across the board make a slow drop and different source on the internet have their views on cryptocurrency whether it is plain rubbish or it is the future of currency.
From the chart, I am seeing bullishness in the long run and do not see any possible sign of weakness.
The 2200 level has to be broken strongly before I change my view to bearishness.
For the past 1-2 months, cryptocurrency across the board make a slow drop and different source on the internet have their views on cryptocurrency whether it is plain rubbish or it is the future of currency.
From the chart, I am seeing bullishness in the long run and do not see any possible sign of weakness.
The 2200 level has to be broken strongly before I change my view to bearishness.
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