Bitcoin July 1 daily chart alert—bulls have the technical edge

Kitco
07-01

(Kitco News) - Tuesday, July 1—July bitcoin futures prices are again near steady Tuesday. Trading has been less volatile recently. This price pause is not bearish and suggests the bulls are storing up energy for a fresh upside burst. Bulls have the near-term technical advantage. See the important near-term technical support and resistance lines on the chart. Wyckoff’s Market Rating: 6.0 (out of 10.0, with 1.0 being the most bearish and 10.0 being the most bullish). Stay tuned!-- Jim Wyckoff

 

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