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Wednesday

28 July 2021

Bitcoin Price Analysis: BTC Turned Sell on Rallies | Live Bitcoin News

Bitcoin Price Analysis: BTC Turned Sell on Rallies | Live Bitcoin News


smart summary beta

Bitcoin price started a major decline from well above the $32,000 zone.

The main resistance is now forming near the $32,000 level and the 55 simple moving average (4-hours).

If there is a downside break below the $29,300 zone, the pair could decline steadily towards the $28,500 level.

Looking at the chart, bitcoin price is clearly trading well below $32,000 and the 55 simple moving average (4-hours).

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bitcoin bitcoin price

$39722.00

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negative

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livebitcoinnews.com
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