Cryptocurrencies

Independence Day Bitcoin Analysis! Answering Your Questions

For those of you who live in the United States, Happy Independence Day! Since we talked last, bitcoin broken above the $11,500 resistance. This closes the upper CME gap at just above $12,000. Price has since dropped back on top of the $11,500 support where it’s consolidating.

Screen Shot 2019-07-04 at 4.31.15 PM.png

Zooming out on the weekly chart, we can see the bulls have put up quite a fight after the extremely bearish close of last week’s candle.

Screen Shot 2019-07-04 at 4.32.58 PM.png

In today’s video we’ll discuss where price may be heading next, key areas to watch, targets and so much more. I’ll also answer your questions. I hope you find it helpful.

Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/profile/?workin2005/) or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.

Workin

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