Friday July 28th 16:51 GMT - Bitcoin Dollar has made a full retracement to it's previous range near $2,700 from a low of $2,400, and currently is building momentum towards $3,000 again.

RSI has moved swiftly up to overbought territory resting now over 70 and could possibly extend to 90s as we have seen numerous times before.

A continued weakened Dollar amongst the dovish FOMC news this week combined with mixed market data, is helping keep high price assets attractive.

Although uncertainty around the August 1st Bitcoin / Bitcoin Cash Segwit chain split has cast a recent shadow of uncertainty to traders with low volumes in alt-coins across the board, next week we could see a return to higher volumes.

Levels To Watch

0.786 Fib $2,830
0.618 Fib $2,740 (Previous consolidation range support)
0.5 Fib $2,670