Bitcoin $BTC Forecast: Weekend Edition


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This edition features popular Bitcoin technical analyses from Coindesk, Bitcoinist and NewsBTC. Or jump right to today’s Bitcoin $BTC Forecast.

Coindesk Analysis

View: bullish


Sam Ouimet of Coindesk communicates "the probability of bullish continuation increases [and] the daily bias remains bullish"
Published: Jul 20, 2018 at 17:00 UTC | Updated Jul 20, 2018 at 18:44 UTC

Bitcoinist Analysis

View: bullish


Georgi Georgiev of Bitcoinist perceives "As bitcoin appears to rally mostly on technical drivers, for the moment, it could easily squeeze above $8,000."

NewsBTC Analysis

View: bearish


Martin Young of NewsBTC commits "Bears Regain Control as Crypto Selloff Continues [and] Anticipation of a quantifiable recovery for crypto markets has faded as we enter the weekend. The selloff has continued and the rally appears to have been another blip in a lengthening bear market. "

Bitcoin $BTC Forecast

on Saturday 21st of July 2018 05:06 PM UTC


The crypto pundits say: “bullish/bullish/bearish/”.

We have an interesting 2-1 split today with a dissenting observation from the more recently dated NewsBTC publication.

Note that Bitcoinist’s Georgi Georgiev quotes Boris Schlossberg, Managing Director of FX strategy at BK Asset Management.

[legal disclaimer] Just one news report can invalidate a technical analysis.


The author holds $BTC and other cryptocurrencies at the time of writing.

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