Bitcoin $BTC Forecast: Monday Edition – Bulls Take Control


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

NewsBTC Analysis

View: bullish


Aayush Jindal of NewsBTC states "Bitcoin price is slowly gaining bullish momentum above $7,500 against the US Dollar. BTC/USD is likely preparing for more gains towards the $8,000 barrier."

Blokt Analysis

View: bullish


John Lee Quigley of Blokt scrawls "This weekends trading has retraced the losses of Friday. Movement to the upside is looking more and more likely."

Coindesk Analysis

View: bullish


Omkar Godbole of Coindesk clarifies "a sharp rise in the BTC dominance rate, as seen in the last four weeks, could be considered a sign of investor confidence in the current BTC price rally [and] BTC is more likely to witness an upside breakout. "

Bitcoin $BTC Forecast

on Monday 23rd of July 2018 07:03 PM UTC


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

All three experts concur its likely to be a bullish look for $BTC with some caveats if and as bitcoin hits major resistance levels.

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

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