Bitcoin can still hit $19K, warns trader ahead of BTC price ‘big move’
” So we have a double top rejection presently on BTC, so we need to actually make a note of levels incase we drop,” popular trader Crypto Tony warned Twitter fans in fresh analysis of the 3-day chart. Source: Crypto Tony/TwitterFellow trader and analyst Nebraskan Gooner admitted that downward BTC rate action “appears likely,” keeping in mind that BTC/USD had sunk below the narrow variety in play for the previous month. Others were prepared and waiting for volatility to reenter the market, but would not be drawn on whether Bitcoin would eventually break out or break down to test levels from earlier in the year.Among them was popular trader and expert Toni Ghinea, who envisaged a make-or-break decision for the recent narrow price variety in the coming week. The case for Bitcoin kids booksThis post does not include investment recommendations or suggestions.
” So we have a double leading rejection currently on BTC, so we require to truly make a note of levels incase we drop,” popular trader Crypto Tony cautioned Twitter fans in fresh analysis of the 3-day chart. “Those two levels are $25,000 & & $20,000, and these are both crucial psychological levels. Make a note.” BTC/USD annotated chart. Source: Crypto Tony/TwitterFellow trader and expert Nebraskan Gooner confessed that down BTC cost action “promises,” keeping in mind that BTC/USD had actually sunk below the narrow range in play for the previous month. #BitcoinBelow range for a couple days now … Downside promises. pic.twitter.com/c59Z01kJpK— Nebraskangooner (@Nebraskangooner) July 22, 2023
Bitcoin (BTC) threatened fresh disadvantage over the weekend as markets gotten ready for the July 23 candle close.BTC/ USD 1-hour chart. Source: TradingView$ 19,000-$ 23,000 “still on the cards” for BitcoinData from Cointelegraph Markets Pro and TradingView showed acting listed below $30,000, now set as intraday resistance.July 22 saw a quick dip to $29,640 prior to a recovery in time for the everyday close, however traders stayed worried that worse was to come.https:// t.co/ GY0AgGbAnn– Crypto Chase (@Crypto_Chase) July 22, 2023
Others were all set and waiting for volatility to reenter the market, but would not be drawn on whether Bitcoin would eventually break out or break down to test levels from earlier in the year.Among them was popular trader and expert Toni Ghinea, who envisaged a make-or-break choice for the current narrow cost variety in the coming week. Play this level by level. The case for Bitcoin kids booksThis article does not contain investment recommendations or suggestions.