BitcoinShort
Short term outlook Bitcoin bearish if it cannot hold July upmove
For now Bitcoin failed to continue July nice upwards move.
Drawing a Fibonacci we see 61.8 level hold the price back down.
There are multiple important levels, lets sum them up
7800 for more upside
7439 as -61.8 fib extension
7261 previous horizontal price action
6791 -161.8 fib extension
6476 for bottom of larger wedge pattern
Drawing a Fibonacci we see 61.8 level hold the price back down.
There are multiple important levels, lets sum them up
7800 for more upside
7439 as -61.8 fib extension
7261 previous horizontal price action
6791 -161.8 fib extension
6476 for bottom of larger wedge pattern
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.