Bitcoin Reversal Wick FAIL? The Bulls Are Relentless Today | July 2 2019

Bitcoin Reversal Wick FAIL? The Bulls Are Relentless Today  | July 2 2019

Often traded as a reversal pattern, Bitcoin weekly chart shows longest Wick in history – but it may not apply to Bitcoin right now. Let us review RSI, OBV, MACD and Ichimoku Cloud indicator, and check against Bitcoin Dominance – we can identify how to measure the unexpected.

Our Bitcoin Price Prediction for July 2019 still rides on the top formation, but bitcoin is threatening those levels now. The Altcoin Bull Run is again testing key levels on 1 hour time frames, and bitcoin dominance is also making a top formation – optimists feel the cryptocurrency market is ready to complete new bottoms as the trend tests the shift one more time.

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Sources used in this video:

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