Technical analysis of Bitcoin For July 26, 2018

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If we look at the 4-hour chart on Bitcoin, we can see clearly that Bitcoin is now trading with a bullish bias. This conclusion is based on the price move above the 21-period moving average with a slope pointing upwards. We believe the bias on Bitcoin remains bullish for the next few days at least until Monday on July 30, 2018 as long as #BTC does not break out and closes below 7,254.76.

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The material has been provided by InstaForex Company - www.instaforex.com