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fxpremiere
Jul 5, 2021 6:28 AM

BTCUSD again rejected Short

Bitcoin / United States DollarCoinbase

Description

BTCUSD again rejected from the resistance area. Bitcoin now testing the uptrend line and need to hold above the uptrend line. We may see another retest of the resistance area.

The decision time is coming and we will see a breakout soon either side. If #Bitcoin breaks in upward direction then we will see a good pump towards $38,000-$39,000. The major support on downside after the breakout is $29,000-$30,500.
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