BTCUSDT- July 28, 2021

BTC has surged to the 39 K levels. Volume is good too. It is still within the pattern I drew yesterday and looks to make another bid to cross the 40 K range. The last two times it touched 40 k, it was rejected from there. We may see it rejected again too. However, if we do continuously test the 40 k Level, the resistance will become support soon enough.

I do see BTC trading between 38 K and 40 K levels today. If it can cross 40 K, then we are looking for a push up to 42 K. 40 k can become the new support levels.

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