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CRYPTOSCARFACE
Jul 27, 2020 5:09 PM

Bitcoin has reached $ 10,000 and continues to rise 

Bitcoin / TetherUSBinance

Description

Since July 20, we have been able to see BTC grow regularly and prepare for a tough test in the $ 10,000 area. Yesterday came the first attempt to overcome it, but the bears successfully regulated it and did not allow it to go higher. Until today, when the attempt was successful and we are currently trading BTC for $ 10,400 (binance).

From the point of TA view, it looks like this:

$ 10,000 resistance may turn to support if bulls don't allow drop BTC lower in the next 24 hours
Buy volumes dominate and this can stimulate further growth
RSI is overbought on almost all time frames, including 1D, a high probability of touching $ 10,000 in the next days

Trading tips:
Open Long around $ 10,000 SL 5%
We do not recommend a short order
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