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7.16 Evening Outlook
After entering a low-position, narrow-range consolidation, the price is moving between the lower and mid Bollinger Bands. The rebound strength is weak; it makes a small recovery and consolidates around 1883. The bulls’ follow-through is weak, and the overall bearish trend has not reversed.
Brother suggests “short on rallies” at 65,000, with resistance at 65,800; look down to 63,000 and 62,000.
Second brother suggests “short on rallies” at 1920, with resistance at 1960; look down to 1800 and 1750$BTC