BTC/USD APAC Daily Snap

in #cryptocurrency7 years ago (edited)

#BTC/USD APAC Daily Snap

#Bitcoin finds base along the 21EMA at $7,575

-Series of lower monthly highs has plagued $btc as it has failed to break bullish until July 16
-A break below the 21EMA would open doors to $7,350 then $7k
-July period broke the trend
-Low bullish vol

A strong rally into the close.
Sadly closed below 7700 turning it into resistance.
But looking still bullish but would rather not see a 7700 close today,

Generally, the entire OKEX situation will make analyzing this market difficult until it's resolved on Friday.

Source - Donalt