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Crypto Market Summary: July 19 – July 25

Last Week Recap

Once more the crypto market traded within a band. However, this time, it is a descending band. Be careful.

 

For this coming week:

  • Market should be continuing its trading within a tight band.
  • BTC and the general crypto market may experience a dislocation on the downside.
  • Bitcoin hashrate has picked up from June’s low. Hopefully, this will help prop up BTC price. But, we never know.
  • For the risk averse, stay on the side and wait for this whole rout to end.

As usual, trade with care. Trade with what you can afford to lose.

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