2018-7-22 16:22 |
Bitcoin price is placed nicely in an uptrend above $7,000 against the US Dollar.
Bitcoin Price Range Pattern This past week, there was a major upside move above the $6,800 resistance in bitcoin price against the US Dollar.
The price recently tested the 23.6% Fib retracement level of the last wave from the $6,079 low to $7,672 high.
Should there be a break below the $7,240 support, the price could decline towards the next support at $7,000.
Major Support Level – $7,000 Major Resistance Level – $7,600
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