Technical analysis of Bitcoin for Aug 06, 2018

At the 4 hour charts the Bitcoin is still running bellow the Moving Average 21 periods. This means the Bearsih bias still control this Cryptocurrency, as long as it does not break out and close above 7,254.76 the Bitcoin will still go down.

(Disclaimer)

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