Bitcoin (BTCUSD): Intraday Levels — Bitcoin / Dollar (BITSTAMP:BTCUSD) / 2017-07-17 — Nickonomics

Bitcoin (BTCUSD): Intraday Levels — Bitcoin / Dollar (BITSTAMP:BTCUSD) / 2017-07-17 — Nickonomics


In my previous post I anticipated more selling towards 1929-1935 and 1850 targets. All of them were met. Switching to intraday charts, we’re seeing a bounce, which may lead the price up to the current resistance zone @2200. Inverse Head&Shoulders pattern supports this idea. Short-term trend remains negative as long as the price stays within the pitchfork .



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