For now Bitcoin failed to continue July nice upwards move.
Drawing a Fibonacci we see 61.8 level hold the price back down.
There are multiple important levels, lets sum them up
7800 for more upside
7439 as -61.8 fib extension
7261 previous horizontal price action
6791 -161.8 fib extension
6476 for bottom of larger wedge pattern
Drawing a Fibonacci we see 61.8 level hold the price back down.
There are multiple important levels, lets sum them up
7800 for more upside
7439 as -61.8 fib extension
7261 previous horizontal price action
6791 -161.8 fib extension
6476 for bottom of larger wedge pattern