Bitcoin prijs voorspelling: BTC / USD is trading at $ 40,000

Bitcoin price forecast-July 29
The price of Bitcoin fell 0.82% after hitting a daily high of $ 40,644, as it is now heading towards $ 39,000 support.
BTC / USD long-term trend: key levels of decline (daily chart) :
Resistance levels: $ 44 000, $ 46 000, $ 48 000
Support levels: $ 36 000, $ 34 000, $ 32 000
BTCUSD-daily program to buy bitcoin now BTC / USD does not exceed the upper limit of Channel corruption in the current consolidation model. If the Bitcoin price does not stay above the $ 40,600 level, the currency could likely fall sharply towards the 9-day and 21-day moving averages. However, the red line of the 9-day average intersects above the Yesil line of the 21-day average, as the Relative Strength Index (14) moves around the 70 level.
Bitcoin price forecast: BTC bulls may need to gain momentum daily chart shows bitcoin price refuses to rise above resistance level of $ 40,000 because the currency needs to gain enough momentum to rise. The Bitcoin price could cause a few more days of negative price drops below the current $ 39 to $ 706 level. Therefore, the initial level of support could be at $ 38,000. Among them, other decommissioning costs $ 36,000, $ 34,000 and $ 32,000. Meanwhile, a deceleration above the previous $ 40,644 level could cause Bitcoin to test the $ 42,000 level.
However, traders clearly see that the BTC / USD pair could fall below the 9-day moving average as the Bears apply more pressure. While the current candle is still closing, the Bulls are likely to close above the channel’s upper limit if the Bulls return to the market. Similarly, if the currency recovers and moves upward, BTC / USD could find potential resistance levels of $ 44,000, $ 46,000 and $ 48,000.
BTC / USD medium-term trend: bullish (4-hour chart) the 4-hour chart shows that bitcoin bears are now retreating to the market, pushing the BTC price below the previous support level available

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