@moon333 7 July 2022 more from that month

Bitcoin (BTC) Once Again Moving Towards The Key Resistance https://youtu.be/9bMi8tT8hwc Hi friends hope you are well, and welcome to the new update on Bitcoin. **Short term support and resistance levels:** In an hourly time frame, after breaking out a down channel Bitcoin is still moving between support and resistance of $20000 to $20800 and could not breakout the resistance so far.

**Key resistance:**   On a daily time frame, Bitcoin has formed a higher low, now if Bitcoin breaksout a key resistance of $21500, then it can be a major sign of bullish reversal move and then $21.5k will work as strong support as well.

**An ascending triangle:** On a same daily time frame, Bitcoin is also forming an untrendline support and the combination of horizontal resistance of $21.5k. Now it is possible that the movement will be squeezed and it will behave like an ascending triangle and then break out the resistance.

For a detailed analysis, you can watch the video.