$BTC update: ⭐ The market is coming down without being able to break the market resistance line!! So will the market down again? ⭐ August 1 FOMC meeting and Federal funds rate are very important events for the market. So stay tuned for further updates. T: @SarahiQueen
Correction in greed and bounce back in fear again.
#BTC #Bitcoin is moving nicely from the 60k zone toward our expected all-time high zone. It came close but is currently retracing due to some news and is facing local resistance at the 68.4k area. We might see it retrace to the 100 EMA and local demand at 63.2k. Then, we might see it bounce back and move toward the expected all-time high zone. In case of changes in momentum, we will try to keep updating on every possible situation.
#Bitcoin is in a major resistance area. Do you think it can break? If it breaks then we will see 65 next. However, the market is more likely to be rejected. What do you say? Now let's see how it reacts!!