BTCUSD at $3,200 (+14.7%) - Channel and Fib Levels
Sunday, August 6th 2017 14:13 BST - BTC is staying up above $3,000, sitting slightly below it's latest fresh new high of $3,325. Bitcoin cash has continued to depreciate over the course of the day, currently sitting at $200.
The week ahead is looking interesting for the Currencies as the Non-farm payroll and CPI data will be released throughout the week and FOMC members speak on Friday.
By then we will see if Bitcoin can hold on to it's recent gains, and catch a bid higher on the back of poor data, or will the Dollar get some good news and start heading back up towards it's originally strong projected levels of the first two quarters.
Levels To Watch
New Highs above $3,300
Channel Mean as Support $2,800
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