BTC update 9th July

in #bitcoin6 years ago

Bitcoin-India-currency-760x400.jpg

BTC now trading around 6670. We told you guys earlier that we were in a channel upwards. We were wrong about that because it is starting to like we are in a ascending triangle. This could mean that at the end of the triangle we will see a continuation up.

If we look at the short term now we see a little bullflag (blue lines). There is a high chance that we will see a test of the 6800 resistance. If we break this 6800 resistance we will see 7000. If not we could fall towards 6500.
![BTCchart10720180.png]

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