Update on Bitcoin. BTC-USD August 04, 2018

August 6, 2018


We can see the possible market movement scenarios on the 2h chart. The condition of the asset is still uncertain: the breakout of the upper edge will give a bounce to move towards the resistance at 7788, the fall down will show the desire of test 7200 with the possibility of a further fall and the best situation for alts trades is the sideways movement of BTC.

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