25 Jun 18 - Bitcoin Snapshot

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2H Chart - Price Key Points:

  • Holding 50MA support for the past 8HRs.
  • 20MA sloping upwards.
  • Negative volume decreasing.
  • Indicators remain positive.
  • Possibilities to another temp buying attempt remain intact.

25 Jun 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged) :

Long: On a confirmed break above $6275 – Price Target $6441 | Probability: 30% | Signal Strength: 2/5

Neutral: Price Range $6113 - $6275

Short: On a confirmed break below $6113 – Price Target $5944 | Probability: 35% | Signal Strength: 3/5

Our Stance: Speculative long.