BTC analysis for July 10,.2020 – Fake breakout of the supply trendline and potential for the bigger drop towards the $7.800

Technical analysis: BTC has been trading downwards and it confirmed the fake breakout for the supply trend line, which is indication for the further downside movement. I see further drop on BTC towards the $8,000 level. Trading recommendation: Based on the 4H time-frame price action chart, I found that there is fake breakout of the […]