Bitcoin $BTC Technical Analysis: Bearish

Source: Digital Money Times, originally published on .

Friday Edition: 2018-07-13

In this edition we offer a roundup of the top ranked or popular bitcoin technical analyses – plus a NEW illustrated forecast.

Topping out the list are analyses from NewsBTC, ForexCrunch and TradingPeek. Or jump right to today’s Bitcoin $ BTC Forecast.

NewsBTC Analysis

View: bearish

Aayush Jindal of NewsBTC reads “There is a major bearish trend line in place [and] Bitcoin price is struggling to hold gains against the US Dollar”

ForexCrunch Analysis

View: bearish

FX Street of ForexCrunch pronounces “BTC/USD struggles to find direction on Friday, trades in a very tight range amid a lack of fresh catalysts[and] RSI on the daily chart moves sideways near the 40 mark, suggesting that the next direction is still likely to be south “

TradingPeek Analysis

View: no opinion

no opinion
@TradingPeek of TradingPeek writes “neutral view due to the lack of confirmation of the breach of the bearish trend line [and] Momentum RSI 14 is trading in a bullish direction “

Bitcoin $ BTC Forecast

on Friday 13th of July 2018 03:05 PM UTC

bearishbearishno opinion

The crypto pundits say: “bearish/bearish/no opinion/”.

The experts are still bearish in general but see some possibility for exiting the bearish trend line in a sideways movement – or perhaps a small uptrend.

KittyBitcoin’s unique Bitcoin $ BTC Forecast brings you time-saving & illustrated views. This is balanced with multiple bitcoin experts. The links to “Full coverage” let you easily obtain 100% of the analytical depth.

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The post Bitcoin $BTC Technical Analysis: Bearish appeared first on Digital Money Times.

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