Coin_Techs

Bitcoin Pausing Before Another Resistance Test

Long
BITFINEX:BTCUSD   Bitcoin
Bitcoin is consolidating this week's gains and is ready for a push to the next resistance level around $7700.

The lower support line is a monthly level and a close above this for July would be a bullish signal. We have seen bullish activity in weekend trading over the last month and this should see us test the resistance by Monday.

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