📅 Date 23/07/2025 | #BTC #MarketAnalysis
Bitcoin (BTC) is currently trading around the $29,800–30,200 mark with trading volume showing slight signs of increase after a period of sideways movement. So what is noteworthy this week?
🔍 Technical analysis:
• Strong resistance: $30,800
• Important support: $28,900
• RSI (4h): ~56, not overbought
• MACD: MACD line crosses signal from below – bullish signal
💡 Scenario:
• If BTC breaks $30,800 with high volume → target $32,000
• If BTC drops below $28,900 → fall back to test $27,500
✅ Reference strategy:
• Buy limit in the $29,000–29,200 range
• TP 1: $30,500
• TP 2: $32,000
• SL: $28,500
Warning: This is not investment advice. Please manage your capital well!
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