Bitcoin Trend Analytics July 19th - going against the macro
BTC broke out the upper line of the box. Confirmation is needed for keeping above it for 3 days.
Short-term bull rally aggressively. The turning point is changing fast and the supports level up.
The macro expectation of adding interest rate is still high and the cryptos are going against this force. If the market could stand the interest rate hike on July 28th, we’ll possibly see an independent market movement of cryptos.
The key support of the month moves up to $18627.10.
Short-term bull rally aggressively. The turning point is changing fast and the supports level up.
The macro expectation of adding interest rate is still high and the cryptos are going against this force. If the market could stand the interest rate hike on July 28th, we’ll possibly see an independent market movement of cryptos.
The key support of the month moves up to $18627.10.