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.