Dogwifhat Price Analysis Hints $3 Rally As Bullish Pattern Outshines Whale Sell-off

Dogwifhat Price Analysis: The first week of July has been notably bearish for a majority of major cryptocurrencies. The Bitcoin price recently corrected to $53,500, driven by liquidations from the Mt. Gox Exchange as well as the U.S. and German governments, which have extended the market correction. However, defying the supply pressure, the WIF price stood firmly above $1.47 developing a bullish reversal pattern.