Market update very healthy consolidation. UASF is coming. The compromise killed Bitcoin Unlimited and helped real SegWit.
Recently, there’s been noticeable reactions to horizontal resistance levels within both charts. Horizontals are very basic technical analysis tools sure, but in my opinion they are useful in examining behavior at key levels. These are my basic horizontals.
Bitcoin Numbers Bitcoin price at recording is 5108 CNY/ 744 USD. The trend is distinctly up. We are headed to test the June highs of $789. I expect more volatility above the June highs. Difficulty experienced a small decline of -1.9% last week, after two…