TradingView
evasivesteering
Jul 21, 2022 3:22 PM

BTC view for the next weeks 

Bitcoin / United States DollarCoinbase

Description

BTC has bounced very well since a few days. Yesterday it was rejected by the next resistance (dashed line) and the MA 50W. It seems to continue going down.
I think that BTC would retest the MA 50W some times in the coming weeks before breaking it to go higher. My predicted mid-term target is still $32000 and BTC would not be lower than the EL Line (please refer to my previous post with the link below).

Comment

BTC was rejected by the dashed line resistance and the MA 50W & 200W. It's been going down as expected.

Comment

BTC is still moving as expected (some how). Now it is going down to $21000 - $22000 area again, for liquidity grab.
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