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Moshin_GW
Jul 29, 2021 12:50 PM

$BTC/USD game on! Long

Bitcoin / U.S. dollarBitstamp

Description

BTC has entered an important phase.

The crypto market has continued to rise since the BTC conference.
The feeling of overheating has calmed down once, and the RSI divergence in 4 hours has been confirmed.

While the $41,000 wall is thick and hard to overcome, trend lines and MA are supporting the downside, temporarily is a frustrating market.

However, this situation is unlikely to last long.
We expect to see a sense of direction this week.

It is not possible to generate a downward trend again from the current situation
It's hard to think at this point, so while making some adjustments, we anticipate a rollout below $ 41,000 over the next week.

The recovery market is likely to continue for a while.
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