Kryptochristian

#BTCUPDATE - 22.7.21 B-Word Was Bullish

BINANCE:BTCUSDT   Bitcoin / TetherUS


Looks like some much needed bullish news came and really delivered and at a critical point too. The B-Word went well, as in it didn't sink the market further. Short of Jack Dorsey confirming accepting Crypto payments on Twitter.

We hit the $32.2k resistance and as predicted in the channel we saw a rejection there - ideally we want to get back above $32k to continue on to the next leg up. Long term it looks like a descending wedge and hopefully with a little further push we can see a big break out come.

My play with BTC is I am quite bullish and will wait to get above $32.2k and then long to $36k region.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.