FX.co - BTC analysis for July 29,.2021 - Key resistance at the price of $41.00 on the test

2021-07-29T11:23:22

Relevance until2021-07-31

Technical analysis:

BTC analysis for July 29,.2021 - Key resistance at the price of $41.00 on the test

BTC has been trading sideways at the price of $40,185. Key resistance is set at the price of $41,000.

Trading recommendation:

Watch for potential breakout or reversal from key resistance.

Reversal of the resistance at $41.000 can lead the price towards $33,500

The successful breakout of the resistance at $41,000 can lead price towards $45,000

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

FX.co ★ BTC analysis for July 29,.2021 - Key resistance at the price of $41.00 on the test