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Technical analysis by dragononcrypto about Symbol BTC on 7/29/2021

https://sahmeto.com/message/3575860
dragononcrypto
dragononcrypto
Rank: 3241
1.9

Bitcoin Summer Outlook

:Neutral
Price at Publish Time:
$40,008.42
،Technical،dragononcrypto

Price at TD 9 Sequential reversal on Daily chart with a bearish sloping 200 Day MA resistance level so expecting a small retracement. Price above $37K volume level for now, where most of the volume as come from in past two months. Likely to act as new support. Price held the $25-30K level as anticipated, the short and mid term MAs lie around $34K-35K, the resistance breakout level.

Source Message: TradingView
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