BTCUSD - 40k Resistance

٢٧ يوليو ٢٠٢١

Hello Traders

From the technical indicators, 40k is our next stop.

We have a big supply zone/ resistance at 40k. It is unusual for a short squeeze to lead to a complete reversal, but let's not fight the trend for now.
Usually what happens after a short squeeze is FOMO buying in, which results in a "bull-trap".

Thanks for watching,
BlockTechEv

٢٨ يوليو ٢٠٢١

ملاحظة

New update available on BTC since our retest of 40K.