Friday, July 1

Bitcoin: As long as it does not lose this level we do not have a significant bearish signal

The Bitcoin chart has a trend line that, if lost, would be the first sign of weakness, explains independent analyst Ramón Bermejo.

The next important support level would be at $ 47,844.63. If you lose it too, at an hourly close, we could have bearish signs, but until you do, there is no significant bearish signal.

The value continues in a bearish channel, coming from a double high, and a bearish signal for today would be to lose yesterday’s session low, at $ 48,685.01.

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