BTC CHART Published By ProanalysisTrader at #Tradingview on July 12th 2020
#BTC/USD Update: BTC bounced from the 200D MA (Blue Line). And the current resistance happens to be the 50D MA which also coincides with the purple resistance line. If this resistance breaks which is highly likely The price could reach 9400 within the next 2 days.
BTC_DOMINANCE Update: Dominance broke below the support and there’s still a lot of Room for it to fall to the 62 Level. This fall will provide a lot of room for the alts to grow too.
This is what I meant. It broke down formed a bearish Pennant and Broke below the pennant too and retested. What do you expect now?
Ofcourse Alts party will continue.
Cheers
Note :- its only for education purpose, This is not a investment advive.
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