Bitcoin break support line 22k and can go even lower to 20500$

2022年7月25日

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As we expected in previous idea price decline from local ath around 24k below 22k
I think price can continue to decline because of break main support level 22000 and now trades below
We can see some decline to 21500 and then re-test of 22000.
But then I expect that price will continue to decline to bottom part of rising channel.
Target to short is around 20000-21000 USD
So, I think bitcoin for now will continue to decline.
Also feel free to check my previous idea in which I wrote that bitcoin will bounce from support line and reverse to grow, for now all targets reached.

I expect this scenario, so be prepare for next movements.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.