Last Updated Date: 7 July 2021 @ 8:03 AM (UTC)
*Please note that all the dates are in GMT time zone
The Bitcoin held firm for the last two weeks, but overall the market is bearish with a downside breakout likely sending trade to attack a 428.43 weekly low. A close under 428.43 is bearish ⇒ 388.91. Current corrective rebounds trapped by 559.88 will maintain bear forces. However, a punch over last week’s high alerts for a possible flip to bottoming trade. A close over 650.35 confirms the start of a reversing upturn.