Bitcoin has been consolidating the week's gains around the current level and the price action suggests a short pause before we attack the next resistance level near $7700.
The lower horizontal line is a strong monthly support level which would be a bullish signal if we can close above there in July. Weekend trading has seen bullish activity over recent weeks and we should see this test of $7700 and maybe even $8000 by Monday.
The lower horizontal line is a strong monthly support level which would be a bullish signal if we can close above there in July. Weekend trading has seen bullish activity over recent weeks and we should see this test of $7700 and maybe even $8000 by Monday.