After pulling back around the turning point, BTC rallied up against the next key resistance yesterday and failed. Today the key resistance is at $24698.83.
BTC will come back again and test $22700. If it holds the line, $24698.83 will be the next target.
If it breaks down into the box again, the short-term supports are $21382.70; $20825.47. The key support of the month is $18659.72.
Monitoring Fed’s decision from July 27-28. It will generate a heavy impact on the market. Previous stats: 1.75%; expected target rate: 2.5%-2.75%.
BTC will come back again and test $22700. If it holds the line, $24698.83 will be the next target.
If it breaks down into the box again, the short-term supports are $21382.70; $20825.47. The key support of the month is $18659.72.
Monitoring Fed’s decision from July 27-28. It will generate a heavy impact on the market. Previous stats: 1.75%; expected target rate: 2.5%-2.75%.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.