BTC update 12th July

BTC now trading around 6200. Not much to explain here. Inverted head and shoulders formation is clear. It can be broken, if that happen it is back to 5800 and bounce from there. It is more likely that we finish this head and shoulders formation though. After this formation we will see a run up and probably break the 7000 resistance.

DISCLAIMER :

We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading signals are purely informational.