@BOMBERuss 27 July 2021 more from that month

Yesterday morning, the bitcoin price found support at the level of 38000.00 USD. During the day, sellers tried to pierce this support several times, but in the evening, the volume of purchases increased and the bulls were able to update the monthly maximum around the 40580 mark.00 USD. The bears responded with tough pressure and at night returned the BTC price to the level of 38.2% fibo (37150.24 USD). In the morning, the bearish pressure eased, but the price continued to decline to the hourly moving average of EMA55. The level of average prices has suspended the decline, and perhaps buyers will try to return the pair to the July maximum. However, it should be borne in mind that on the daily chart, the Stoch RSI indicator lines are in the overbought zone around the 100 mark. If the bulls do not have enough strength to drag the price to 50% fibo (42447.96 USD), then the bears will break through the lilac support of 36000.00 USD and roll the price back to the upper border of the blue corridor. #CryptoTrading