BTC is currently trading with an increasing bullish bias momentum. The price continues to rally above the there Simple moving averages and is snot showing any clear indications of breaking below them. As I said earlier in June, while the price is contained above the three SMAs, I expect a surge to the upper side with an ideal take profit at $12,000.00. If you didn’t buy this crypto with me during the previous analysis, you can still wait for retracements to the lower side to buy BTC at the least risk possible. As it is, only buy positions looks much better and can be recommended.
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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Imelda Maseno
Analyst of «FreshForex» company
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