Update on Bitcoin. BTC-USD on July, 31 2018

July 31, 2018


Yesterday, right after the break of the down edge of the triangle we warned about the possibility of a fall. Now the market came back (above 8100) and the current level again looks like a good support as it doesn’t let the price go lower. If on 1 day timeframe the new candlestick opens above 8100, the possibility of the fall will be minimal and we can expect the further positive scenario, it is also possible to make long margin trades.

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