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.
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