BTC update 16th July

BTC now trading around 6600. The head and shoulders formation is still in tact. Could be that we will see 6800 soon! As you can see in the image below we have made a fib analysis again. If the worst happens (go down) we would see 6475 at the 61.8 fib level (expected not to break). For now we are in a small symmetrical triangle and probably will go up.



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