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Tuesday

27 July 2021

TA: Bitcoin Turns Vulnerable, Why BTC Could Soon Test $30K

TA: Bitcoin Turns Vulnerable, Why BTC Could Soon Test $30K


smart summary beta

The first major resistance is near the $32,200 level.

There is also a major bearish trend line forming with resistance near $32,250 on the hourly chart of the BTC/USD pair.

A close above the trend line resistance could push the price towards the $33,000 resistance and the 100 hourly SMA.

To start a decent increase, the price must settle above the $33,000 level and the 100 hourly SMA.

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What Will A Bitcoin ETF Mean For Adoption?
published: 22 minutes ago
Matt Hougan of Bitwise discussed when a bitcoin exchange-traded fund (ETF) will be approved in the U.S. and what it will mean for investors.

sentiment (0.3) Positive

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