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Crypto Technicals: Bitcoin takes out $12,000 mark, bulls eye 61.8% Fib at $13,488

BTC/USD chart - Trading View 

Exchange - Coinbase

Support: 11510 (50% Fib); Resistance: 13488 (61.8% Fib)

Technical Analysis: Bias Bullish

Bitcoin bulls seem unstoppable, with three straight week's of gains.

Formation of 'Three White Soldiers' on the weekly charts reinforces the bullish bias.

Price action has broken above weekly cloud and 50% Fib retracement at 11510.

Momentum studies are bullish. Though oscillators are at overbought levels, no signs of reversal or correction yet. 

Volatility is rising and next immediate bull target lies at 61.8% Fib at 13488. 

21H EMA at 11740 is strong support. Break below could see minor correction till 10,200.

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex
 

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July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

Forecast

Previous

48.6 %

January 31 00:00 UTC 764645764645m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 764645764645m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 776465776465m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 764645764645m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 776465776465m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 764645764645m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 764645764645m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 764645764645m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

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