Short term outlook Bitcoin bearish if it cannot hold July upmove
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For now Bitcoin failed to continue July nice upwards move. Drawing a Fibonacci we see 61.8 level hold the price back down. There are multiple important levels, lets sum them up 7800 for more upside 7439 as -61.8 fib extension 7261 previous horizontal price action 6791 -161.8 fib extension 6476 for bottom of larger wedge pattern