(24 JULY 2017)BITCOIN (in USD):Consolidating around 2700.

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).