• BTC has broken out from a short-term descending wedge.
  • There is resistance at $9,300.
  • Technical indicators are still bearish.
The Bitcoin (BTC) price created its fourth successive bearish weekly candlestick during the week of June 29-July 6. However, on July 6, the price began a short-term upward move that is still ongoing. Bitcoin's Resistance During the week of June 29-July 6, the Bitcoin price created a small bearish Doji candlestick. Measuring from the June 1 high, this was the fourth such candlestick,
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Valdrin Tahiri

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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