FX.co - BTC analysis for July 28,.2020 - Strong upside condition and potential for test of $12.000

28 July 2020 at 11:38AM (UTC+0)

Relevance until30 July 2020 at 11:38AM (UTC+0)

Technical analysis:

BTC analysis for July 28,.2020 - Strong upside condition and potential for test of $12.000

Trading recommendation:

The main cause of the strong upside momentum was the breakout of the contraction and multi-day consolidation in the background.

*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 28,.2020 - Strong upside condition and potential for test of $12.000