Bookmap

December Trading
Deals Are Live!

Save on Global+, data access,
and add-ons.

See All December Deals

Addon

Black Friday

Nov 28-Dec 31

10 days : 4 hours

50% OFF Global+ Quarterly
+ 50% OFF Data (3 months)

Addon

Cyber Monday

Dec 1 - Dec 31

10 days : 4 hours

60% OFF Global+ Monthly
+ Data (1 month)

Addon

Add-on Deals

Dec 1 - Dec 31

10 days : 4 hours

50% OFF
Add-ons

Addon

New Year Sale

Dec 26 - Jan 1

4 days : 4 hours

30% OFF Global+ Lifetime
*Data not included

Crypto

July 12, 2024

SHARE

Crypto Market Outlook, July 2021

12 July 2021

Both BTCUSD and ETHUSD closed down -2.9% and -8% respectively last week. The pairs have been stuck in ranges for nearly 2 months, faking out a few times.

 

BTCUSD

 

 

32000 is a swing low, and below there are large Bids at every $1k handle from 30,000-28,000. Upside light, and momentum currently looking weak.

 

ETHUSD

 

 

This pair currently drifting into some Bids at 2080, after 2160 Offers absorbed buyers earlier in the day.

 

Large Offers at 2200. Bids 2050 (multi-day swing low) and larger at 2000.

 

19 July 2021

BTCUSD closed down -7.24%  and ETHUSD -11.59% last week. Both pairs approaching long-term swing lows established a month ago. If they break, if could be the confirmation that crypto is in a bear market.

BTCUSD

This pair opened the week by blowing through $31k Bids, the next big level being $30k. The swing low printed from one month ago is at $29k, which if breaks could lead to a very large fall.

Offers above light to nonexistent in comparison.

ETHUSD

Similar order flow here. Large sellers looking like they are about to take 1800 Bids. Next big level at 1750.

Offers light at 1900, 1950.

Unlock Full Access to Bookmap

Sign Up Now

Latest Posts:

Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
This site uses cookies. By using this site you agree to the use of cookies. Please see our Privacy Policy for more information