Bitcoin correcting recent rally
Bitcoin is correcting the rally from the 7/12 low.
Support is at $7200. Resistance at $7700.
Bitcoin touched the 50% retracement level of the rally from 7/12 at $7280.
The .618 level is $7000, which will provide support if $7200 doesn't hold.
Support is at $7200. Resistance at $7700.
Bitcoin touched the 50% retracement level of the rally from 7/12 at $7280.
The .618 level is $7000, which will provide support if $7200 doesn't hold.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.