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The Crypto Daily – Movers and Shakers

From fxempire.com

Bitcoin rose by 2.01% on Sunday. Reversing a 2.04% fall from Saturday, Bitcoin ended the day at $8,714.7. A bearish start to the day saw Bitcoin fall to an early intraday low $7,951.7 before finding support. Steering clear of the first major support level at $7,909.53, Bitcoin bounced back to a late intraday high $8,174.7. In spite of the rebound, Bitcoin came up short of the first major resistance level at $8,200.13 and 23.6% FIB of $8,200. The near-term bearish trend, formed at late June’s swing hi $13,764.0, remained firmly intact, in spite of the gain for the week. Bitcoin rallied by 11.01% through the week. For ... (full story)

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  • Category: Technical Analysis