BTC/USDT WEEKLY ANALYSIS JULY 2022
So here is detail analysis of btc on weekly time frame BTC is trading in long term bearish trend and now currently trading at 19.4k with strong support 18.5k and 17.5k which is local Demand zone and 29k ATH Resistance and strong resistance of last upward trend at 23k . On breakdown from 17.5k market will be on the way towards deom 13.5k to 12.8k area.
here most important areas are 17.5k which needs to hold otherwise market will be towards 13k . and Resistance level 23.4k needs to break for the confirmation of new uptrend
here most important areas are 17.5k which needs to hold otherwise market will be towards 13k . and Resistance level 23.4k needs to break for the confirmation of new uptrend
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