BTC Denied At The 50 DMA - 7000 Coming?

27 ביולי 2019

This makes two times that the price action stalled for BTC at the 50 DMA. If it loses the recent pivot low just above 9000, there is a real risk that it will drop to the 200 DMA once it catches up to 7000. Bulls need to step up and hold this area when the next candle forms.