During the previous trading week ending 27th July 2018, Bitcoin has been in a constant up trend and is still pretty much bullish both on the daily and the weekly charts. As long as the price remains above 7711.38, we expect a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave (c) and should break above 8473.80 but should not go beyond 10,000.00. However, in case of a rise beyond 10,073.03, then we are likely to see a spike towards last years highest high.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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