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Consolidating around 2700.
(By Yann Quelenn )
• Bitcoin has surged strongly last week. Hourly
resistance can be found at 3000 (12/06/2017
high) and hourly support is given at 2615
(21/07/2017 low). Expected to show some further
retracement.
• In the long-term, the digital currency has had
an exponential growth. There are decent
likelihood that the asset will consolidate above
$1500. Long-term support is given at $1464
(04/05/2017 low).
