Due to the upside of the U.S. Consumer Price Index announced on July 13, the dollar is rising. As a result, the crypto market plummeted.
Due to this decline, BTC will be on the lower wedge line. Pushed to around $31,500, but recently rebounded is returning to around $32,500.
However, in addition to various moving averages, the horizon around $34,500,
it is expected that the devaluation lines will overlap and the upside will be heavy.
The volume is small, and it is hard to think of the force to break out of the range, it is expected that the price will be low for a while.
Ahead of mass unlocking of GBTC on weekends, it seems that the market will continue to be difficult to buy this week.
Due to this decline, BTC will be on the lower wedge line. Pushed to around $31,500, but recently rebounded is returning to around $32,500.
However, in addition to various moving averages, the horizon around $34,500,
it is expected that the devaluation lines will overlap and the upside will be heavy.
The volume is small, and it is hard to think of the force to break out of the range, it is expected that the price will be low for a while.
Ahead of mass unlocking of GBTC on weekends, it seems that the market will continue to be difficult to buy this week.
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