Bitcoin price analysis on July 26steemCreated with Sketch.

in bitcoin •  7 years ago 

Just like my BTC analysis on July 21st, prices from the 27xx zone will adjust to the 2500 before they can rise again and we have seen that today.

Technically speaking, we have a buying price range at 2450-2350.

Price support trend: 2250 -2200

So if the price breaks the 2000 trend the BTC price will reverse to form a downward trend.

Resistance of price: 2666-2716.

Psychologically correct region: 2922

If the price breaks the psychological resistance of 3500 - 4000 as of 21 July.

Conclusion: buy at 2450 - 2350 for target 2716

btc267.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!