Bitcoin price: BTC / USD 38.500 $ ‘ a geri döndü

Bitcoin price forecast-July 30
As the daily chart shows, bitcoin’s price bounced back after hitting its daily low of $ 38,342.
BTC / USD long-term trend: change in key levels (daily chart) :
Resistance levels: $ 44 000, $ 46 000, $ 48 000
Support levels: $ 36 000, $ 34 000, $ 32 000
BTCUSD-daily program for buying bitcoin now fluctuates at $ 40 258 BTC / USD pair during writing. There are cases where BTC has changed hands over $ 42,000, with the upward price movement a difficult task to sustain. However, the path of least resistance is still changing, as the daily chart shows that the Royal medallion remains below the upper limit of the canal.
Bitcoin Price Forecast: Will Bitcoin Rise Above $ 40,000? Even $ 38,000 could not be kept as support if Pennant support led to the daily chart. So it is likely that the price of bitcoin will fall as the 9-day moving average falls below the 21-day moving average, after a trough in the channel stood at $ 38 342 support. Meanwhile, the relative strength Index (14) Technical Indicator, BTC/USD, is not moving decidedly downwards, meaning bears have no room for research.
On the other hand, the recovery may not be easy, as support needs to rank above the $ 41,000 level. So any upward movement above the upper limit of the channel would probably result in resistance levels of$ 44,000, $46,000 and $48,000. In other words, if the market falls sharply once again and falls below the 9-day average, it could find critical support at $ 36,000, $ 34,000 and $ 32,000 if the Relative Strength Index (14) exceeds the overbought area.
BTC / USD medium-term trend: bullish (4-hour chart) by checking the 4-hour currency chart, BTC / USD tends to create a rising channel. During today’s European session, bitcoin (BTC) is trading up to its one-day high of $ 41,642 before falling to where it is currently reversing a lever of $ 40,857. Behind,

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