Bitcoin going back to support

2022年7月29日

After today, I don't think Bitcoin will be able to break 24200 in this coming weekend. We had the bullish sentiment, the momentum from yesterday and the rallying of Nasdaq on our backs and Bitcoin didn't rally. I don't believe that it'll be able to break 24200 during the weekend with low volume and the loss of momentum, a must needed pullback to support will occur. Depending on the sentiment on Monday we will know what direction it will choose to go, after the last couple days of gaining I think this is a healthy option to strengthen the levels of support.