TradingSig
Long

BTC/USD, Daily Chart Analysis 6/26

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Implications and Outlook
1. The further bearish momentum did hit Coin Dip $6300 and $5930 respectively along with Yearly Low of $5873 and is set to rebound towards Key Resistance of $6765.

2. Price action is continually confirming the value of the long-term Coin Dip initially flagged at $2748 on March 13 with the current revised price of $2860.

3. The violation of Coin Dip price $5930 will undoubtedly bring serious of the intermediate to short-term bearish implications, having downside targets to Yearly Low of $5777 and Key Support $5525.

4. Current Coin Strategy Bias: Bullish 60 / Bearish 40

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