BITCOIN Needs Some GROWTH!

٢٦ يوليو ٢٠١٩

The overall situation on the Bitcoin chart has seriously changed. I can relate these changes to the expiration date of the CME Bitcoin Futures. What changed I am talking about? The levels of big positions were changed, so major resistances and supports were changed too. At the moment we can observe a finish of a downward movement, so soon we will see a new phase of growth. It can be a BC wave or 2-3 wave of the 1-5 upward cycle.

If the correction won't end after the BC wave, the price would continue its decline. Now it is important for us to understand that from this point the market should grow in the region of $10000 - $10180 and $10450 (resistance zones).