Bitcoin and Ethereum – Weekly Technical Analysis – July 5th, 2021

Bitcoin

Bitcoin, BTC to USD, rose by 1.53% in the week ending 4th July. Partially reversing a 2.55% loss from the previous week, Bitcoin ended the week at $35,276.

After a mixed start to the week, Bitcoin rose to a Tuesday intraweek high $36,600.0 before hitting reverse.

Falling short of the first major resistance level at $37,302, Bitcoin slid to a Friday intraweek low $32,700.0.

Steering clear of the first major support level at $30,717, Bitcoin moved back through to $35,000 levels to deliver…


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