Bitcoin’s volatility has declined despite the fork. Strong resistance can be found at 3000 (12/06/2017 high) and hourly support lies at 2403 (26/07/2017 low). Further retracement are expected. For the time being, the cryptocurrency keeps on trading between 2700 and 2800
In the long-term, the digital currency has had an exponential growth. There are decent likelihood that the asset will consolidate above $1500. Long-term support is given at $1464 (04/05/2017 low).
