Technical analysis Bitcoin. BTC-USD on July 17, 2018

July 17, 2018

#BTC 1d

In relation to our forecast on June 29, the market looks very good, the support and the bottom edge have perfectly held the market pressure, the price managed to bounce and form H&S pattern that we can see now. If to look at BTC on the higher timeframe, taking into consideration the possibility of fractal price movement, we can get the noticeable growth but don’t expect the wave formation to the new price records, the downtrend can still continue.

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