Emperorㅤ
--
⚠️ 22 July — $BTC Update
No major news today is expected to trigger significant volatility, except for the FED Chair Powell's speech and the Richmond Manufacturing Index, both carrying medium importance.
The key level to watch is 119,960. This is a crucial resistance, only a clear breakout above this level can confirm BTC’s continuation to the upside. If it breaks, patience is essential: wait and observe for confirmation before jumping in.
On the downside, there’s a notable chance #BTC may revisit 115,250, especially given the current high selling pressure. If this support fails, expect potential drops toward 113,300 and then possibly 111,300, which serve as the next support zones.
From the upper side, there’s no significant resistance beyond 119,960 at the moment, so this level is critical for any bullish scenario.
No major news today is expected to trigger significant volatility, except for the FED Chair Powell's speech and the Richmond Manufacturing Index, both carrying medium importance.
The key level to watch is 119,960. This is a crucial resistance, only a clear breakout above this level can confirm BTC’s continuation to the upside. If it breaks, patience is essential: wait and observe for confirmation before jumping in.
On the downside, there’s a notable chance #BTC may revisit 115,250, especially given the current high selling pressure. If this support fails, expect potential drops toward 113,300 and then possibly 111,300, which serve as the next support zones.
From the upper side, there’s no significant resistance beyond 119,960 at the moment, so this level is critical for any bullish scenario.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
276
0