Bitcoin Trend Analytics July 1st - consolidation range
BTC still fluctuates within the box in the downward channel.
The box: $22633.33~$18655.29
$18267.5 is the key support of the month.
The consolidation range is formed:
$24206.44~$18032.06, centering $21229.45
The range will narrow down until a breakout. It’ll battle around the center in the initial stage.
If the price stays above the center, it’s turning upwards and vice versa. (Reference at 8:00 UTC+8)
The box: $22633.33~$18655.29
$18267.5 is the key support of the month.
The consolidation range is formed:
$24206.44~$18032.06, centering $21229.45
The range will narrow down until a breakout. It’ll battle around the center in the initial stage.
If the price stays above the center, it’s turning upwards and vice versa. (Reference at 8:00 UTC+8)
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