High timeframe Bitcoin review. BTC-USD on July 21, 2018

#BTC 1w

Any active goes to Fib 0.786 during the correction pullback. The price often goes down to this level, but also the reverse can happen above or below this resistance. On the week timeframe chart Bitcoin starts to demonstrate the bullish character, most possible that it will manage to test Fib 0.618 level. It is also possible for the market not to have the strength for the further growth and we will go down where will touch the target point (near 4800). Anyway every day we are getting closer and closer to the global reverse.