Sally Ho's Technical Analysis 12 June 2019

Bitcoin Bitcoin (BTC/USD) appreciated early in today’s Asian session with the pair reaching the 7985.00 area after finding buying demand around the 7702.83 area late in yesterday’s North American session.  Technically, the pair depreciated late in yesterday’s European session, falling to the 7740.00 area, representing the 61.8% retracement of the move from 7508.77 – 8097.35. The pair then came off further late in the North American session. If BTC/USD is going to take a run higher, it will need to firmly move above the 7958.45 area, representing the 23.6% retracement of the same range. The 8004.24 area is a short-term…
Source: Sally Ho's Technical Analysis 12 June 2019

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