kingcryptoo

Weekly BTC analysis (Date- 15-07-2019)

Long
COINBASE:BTCUSD   Bitcoin
Time- 9.43pm
Date- 15-07-2019

Here is the detailed Weekly analysis of BTC.

As you can see that BTC is in correction mode and till now its been respecting the best supports out there.

I am looking at only one resistance on Weekly i.e,11666 dollars.

We have failed to close above that area for the 6th time in last 1 and half year.

Lets see the supports.
9600-9750 area is acting as the best support for now but if that area is broken,we can see BTC filling the CME gap around 8300-8500 dollar area.

I have mentioned all the details on the graph and you can have a look.

BTC has got only one choice - Make it or break it.

Lets see what happens and remember,this week BTC closing will be very crucial.

Stay safe.

Cheers!!!

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