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Bitcoin $BTC Forecast

Monday Edition: 2018-07-16

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This edition features popular bitcoin technical analyses from NewsBTC, Bitcoin Exchange Guide and FXStreet. Or jump right to today’s Bitcoin $BTC Forecast.

NewsBTC Analysis

View: bullish

bullish

Aayush Jindal of NewsBTC discerns "BTC/USD’s Bullish Break Underway [and] Should, bitcoin buyers succeed in clearing the $6,450 resistance, there could be a sharp upward move towards the $6,700 level."

Bitcoin Exchange Guide Analysis

View: bearish

bearish

Dalmas Ngetich of Bitcoin Exchange Guide clarifies "BlackRock News Causing Price Jump [and] Remember, prices are moving within a strong two month bear trend with reliable buy triggers at $7,000"

FXStreet Analysis

View: no opinion

no opinion

Ken Chigbo of FXStreet perceives "BTC/USD bulls ran into a near-term resistance barrier within the 6600 region"

Bitcoin $BTC Forecast

on Monday 16th of July 2018 06:19 PM UTC

bullishbearishno opinion

The crypto pundits say: “bullish/bearish/no opinion/”.

One news report can invalidate a good technical analysis. That’s what we saw today with news about BlackRock. The world’s largest asset manager are looking at entering the bitcoin realm. This drove the bitcoin price up.


Just one news report can invalidate all technical analyses. [legal disclaimer]

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