Bitcoin $BTC Forecast: Friday Edition: Headed North
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Bitcoin $BTC Forecast
on Friday 27th of July 2018 04:27 PM UTC
The crypto pundits say: “bearish/bullish/bearish/”.
Today the experts flip positions with two bears and one bull. On Wednesday we saw two bulls and one bear. Bitcoin eased lower yesterday however we awake to a gently rising BTC at $8170 and decidedly headed north again.
Of note we saw Coindesk report an overnight drop in price with an SEC news report a linked factor. This coincided with the $BTC/USD market changing from bullish to bearish. This is reflected in today’s consolidated Forecast.
[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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This report was generated on Friday July 27 2018 16:27 hours UTC.
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