Bitcoin / TetherUS
Long

Bitcoin Trend Analytics July 8th - swift long

176
BTC still runs within the box and forms a consolidation triangle in the downward channel. It’s drawing close to the upper line of the box and trying to break up.

The box: $22712.49~$18813.62;

The key support of the month has moved up to $18403.16;

The consolidation range has not been broken. Today it’s between $21986.05~$19069, centering $20397.21, which now serves as support.

If the price stays above the center, it’s turning upwards and vice versa. (Reference at 8:00 UTC+8)

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