Bitcoin $BTC Forecast – Midweek Edition

Midweek Edition: 2018-07-18

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

NewsBTC Analysis

View: bullish


Aayush Jindal of NewsBTC commits "poised to extend upsides"

Blokt Analysis

View: bullish


John Lee Quigley of Blokt clarifies "Many signs pointing to upward movement [and] Yesterday was a big day for the crypto markets, and Bitcoin’s price had a substantial gain on significant volume"

Cryptographic Monitor Analysis

View: bullish


Juan Sosa of Cryptographic Monitor articulates "Bitcoin’s price finally broke above the resistance of its inverse head and shoulders (SHS) pattern to signal that a bullish move is in progress [and] Technical indicators are showing mixed signals, while sentiment favors the rise in the price of bitcoin to continue."

Bitcoin $BTC Forecast

on Wednesday 18th of July 2018 05:34 PM UTC


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

The data says bitcoin has broken out of a bearish pattern. The change signals heightened possibilities for bullish $BTC performance in the days ahead.

The low volume and anemic volatility of the past months have left something to be desired. However all three experts today are seeing bullish potential.

Just one news report can invalidate a technical analysis.
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