BitMidas

Bitcoin Trend Analytics July 22

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Yesterday BTC held the support and is ready to challenge the resistances above. The key resistance above is $24675.62. 2-week core resistance is at $28227.07.

The pull-back supports are between $22655.04-$22267.40. If these supports are not broken down, BTC will go up against the resistance above. If supports are broken, it will come back to consolidate.

The short-term supports are $21382; $20825.47. The key support of the month diverted to $18743.34.

Fed’s rate hike expectation: +75bp (72.7%) / +100bp (27.3%)
Previous stats: 1.75%; expected target rate: 2.5%-2.75%.

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