I forecasted a BTC peak around $32k and BTC peaked at $31.8k on Jul. 13
BTC has been on a downtrend and reached the first $29.1k price target discussed over the past few weeks.
There could be a potential bounce at $29.1k to take BTC up to the yellow trendline. This is a weak resistance level that could break.
Target Price
TP 1
However, my key price target for BTC is $28.5k, which has been a key long term support and resistance target.
I do think BTC will have a successful bounce at $28.5k and that there will be wicks below.
BTC has been on a downtrend and reached the first $29.1k price target discussed over the past few weeks.
There could be a potential bounce at $29.1k to take BTC up to the yellow trendline. This is a weak resistance level that could break.
Target Price
TP 1
However, my key price target for BTC is $28.5k, which has been a key long term support and resistance target.
I do think BTC will have a successful bounce at $28.5k and that there will be wicks below.
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Join my exclusive Discord community for swing trading, options trading, and long-term investing.
There is a free trial period for the group
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