Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

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Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

Blog Post

Technical analysis of Bitcoin for July 04, 2018

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After testing its upper down slope channel in the 4-hour chart, Bitcoin seems getting exhausted. And it probably will back to its previous Bearish condition. This is already confirmed by the Divergence between the MACD Histogram and the price, basing on this fact this Cryptocurrency will likely back to its previous trend (Bearish condition).

(Dsiclaimer)

The material has been provided by InstaForex Company – www.instaforex.com

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