FX.co - BTC analysis for July 09,.2020 - Breakout of multi-day balance to the upside. Watch for buying opportunities with the target at $9.600

2020-07-09T11:57:02

Relevance until2020-07-10

Technical analysis:

BTC analysis for July 09,.2020 - Breakout of multi-day balance to the upside. Watch for buying opportunities with the target at $9.600

BTChas been trading upwards at the price of $9,390. I see further upward movement due to the breakout of the trading range in the background.

Trading recommendation:

Watch for potential buying opportunities on the dips. The upward targets are set at the price of $9,600 and $9,670

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

FX.co ★ BTC analysis for July 09,.2020 - Breakout of multi-day balance to the upside. Watch for buying opportunities with the target at $9.600