BTC reaching resistance with enough space to move up

2022年8月10日

BTC continues the weak-upside move today backed up by an inflation report from the US, currently, BTC testing its near-term resistance around the 24700-25000 zone (50% retracement fibo from the end of May top at 32000), breaking up the 25k area which is the more potential scenario with available room to move up, will open the way up towards 26.5oo-27.500 levels targeting 61.8% fibo and meeting with the down medium term trendline.

Above 22.500 levels just look for bullish signals, only below this level, we will get back to the bearish scenario.