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29.07.202006:28 Forex Analysis & Reviews: Bitcoin Price Movement on July 29, 2020.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 29.07.2020 analysis

Bitcoin is now trying to reach the $11,150.8 level. If the bullish momentum is strong, the $11,318.8 level is likely to be reached too. Please pay attention to the $10,794.31 level. If this cryptocurrency pulls back and closes below $10,794.31, then the upward momentum will be halted and Bitcoin will enter into the sideways phase.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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