09 Jul 18 - Bitcoin Snapshot

4H Chart - Price Key Points:

• Consolidating for the past 40HRs.
• 20MA crossed over 200MA (temp bullish signal confirmed).
• 50MA might attempt to cross 200MA to the upside (unconfirmed).
• Indicators balanced.
• Volume improving.
• Temp bullish scenario still remains intact.

Possible Scenarios (unchanged) :

Long: On a confirmed break above $6782 – Price Target $7169 | Probability: 39% | Signal Strength: 4/5

Neutral: Price Range $6525 - $6782

Short: On a confirmed break below $6525 – Price Target $6184 | Probability: 35% | Signal Strength: 3/5

Our Stance: Long.