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Tuesday

27 July 2021

TA: Bitcoin Remains At Risk, Why BTC Could Nosedive Below $30K

TA: Bitcoin Remains At Risk, Why BTC Could Nosedive Below $30K


smart summary beta

An immediate resistance on the upside is near the $31,800 level and the 100 hourly SMA.

The 50% Fib retracement level of the recent decline from the $32,450 swing high to $31,154 low is also near the $31,800 level.

The first major support is now near the $31,000 zone.

A close below the $31,000 level could spark a steady decline in the near term.

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