Bitcoin Next Move Toward $28300 or $20,000 ..?

25 Jul 2022

#BTCUSDT Technical Analysis Chart:-

BTC currently trading at $21900 Level.
And also Trading at strong support level or Retest level.

Strong Support = $21600 ( Retest )

So What Next…?

After Breakout #BTC testing Retest level at $21600 Level.
So If hold this Level $21600 then We can see $28300 Level.

Very Important Point = 200 Days Moving average which is around $24000 Level.
And Resistance TrendLine Also Acting Resistance.

So I Opened Long Position around $21600 level and Watching this level.
If hold Then BTC May test $28300 Level.

But Keep in mind Another scenario also..?
If Break down $21600 Level then High Priority to touch $20,000 Level.

Super Bearish Below $20,000 Level.

So Never open any trade blindly.

Support:- $21600/$20,000
Resistance:- $24,100/$28300/$31500