BitMidas

Bitcoin Trend Analytics August 1

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC didn’t manage to break up $24716.60 and fell back into consolidation before any rally.

The support of the short-term bulls has diverted to $21704.65. Now is it in mid-term consolidation within a long-term downward trend.

The crucial range this week is between $25809.47-$21595.96.

The key support of the month is between $18300.41-$17708.48. The data of the movement slides, indicating that MC is cautious.

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