Attention! Look at the price that bitcoin can have in the next few days (July 7, 2022)

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Avatar for leonardohp
1 year ago

I have been analyzing the movement of btc these days and here I am going to tell you the approximate time and date of the possible points that the cryptocurrency touches. According to my opinion.

Right now it is on the rise and is looking for the resistance point located at approximately 21,550 (a point that could be reached on Saturday, July 9, at 11:00 UTC).

If the day comes and we see that the price rises to 22,000 or 23,000, let's not think that it has broken the resistance zone and will continue to rise, it is possible that it will not go above 23,500 and return below.

Why do I say it?

Because in order to be more certain that it will break the resistance zone of 21,550, it must stay in this area for at least a couple of days and then break. 

The reason for this is because the chart has marked a curve similar to the one marked on June 25, therefore, before going up, you should follow the continuity of the curve to 21,550, go down to 21,000 and then go up to break .

But beware! It can also go down, however, before that happens, it is very likely to go to 21,550, stay here for a couple of days and go down.

So keep your eyes peeled there is an 80% chance btc will go all the way to 21550 stay here then set course

Here I will be attentive to continue giving my appreciations. I did the technical analysis with the 4-hour chart.

I await your comments.

PS: If on Saturday at 11:00 UTC, the price continues to climb towards 23,000, it will be a good time to establish a short to 21,550.😉

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Avatar for leonardohp
1 year ago

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