Sirwin
Sirwin

Bitcoin Updated, Technical Analysis Forecast July 12th, 2021


On June 22th, 2021 BTC touched 28k low around and rebound up to 36k on June 29th, 2021. I was expecting BTC to go up to 43k unfortunately it was forming a downtrend since then it hit 36k. Fortunately, I got my profit from 28k to 35k.  Last week Bitcoin climbed steadily and slowly up from 32k low on July 9th, 2021 to 34k high on July 12ht, 2021. I told you to enjoy that bull cycle last week. 

Now the story is changing.

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Bitcoin

Bitcoin (BTC)

 

is continuing to form a downward trend. Sooner or later, it will flip down. As BTC did continue its bull run above 35k during its previous uptrend, I think it will go down to 25k or 20k low, it's my own Technical Analysis forecast and opinion. Bitcoin lost 2% around in 4h today July 12th, 2021, it was from 34,6k high to 33,4k.

In my own opinion, BTC will no longer go above 34k this week it will go down instead. The support level has been broken. 

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As investors keep holding your crypto. Me trader I sell mine in expecting to buy the dip when I will find the right time this month. If you are expecting my price prediction the dip of 25k or 20k is my probability, however, the market has a reason where it will go by the way but it will not happen in case 28k will not be broken. 

 

Disclaimer: This is not financial advice.

Happy trade everyone

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Fety Bernard Etienne(fetinafety)
Fety Bernard Etienne(fetinafety)

I am a crypto enthusiast, and trader, an investor in many various platforms, and protocol of blockchain around the world. I love talking about Cryptocurrency.


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