The forecast rate Bitcoin BTC / USD for the week July 17-21,
Trading instrument Bitcoin / USD BTC / USD this week fell to a mark in 2200, located in the area of Fibonacci 38.2 and the first time since the end of March fell below the SMA line (50) on the daily chart. We expect further development of the BTC / USD correction in the district 1900-2000.
On H4 Bitcoin BTC / USD formed pattern "absorption" building on the level of 2300. Most likely, in the near future bears test the resistance during 2200 with a view to 2150.
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