financetom
Technology
financetom
/
Technology
/
Evening update for Bitcoin -02-07-2026
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Evening update for Bitcoin -02-07-2026
Jul 2, 2026 11:32 AM

Bitcoin (BTCUSD) settles with series consecutive losses in its last intraday trading, supported by its continued trading above EMA50, which provided supportive base for moving higher to breach a main bearish trend line on the short-term basis, which represents a strong signals for extending the corrective gains in the upcoming near period, especially with the emergence of the positive signals from the relative strength indicators after offloading its overbought conditions.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved