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Bitcoin Price Analysis — July 19
Bitcoin continued on its bullish streak on Tuesday after a slight deviation over the weekend. The primary cryptocurrency has tapped the 
23K mark for the first time since June 16, paving the way for additional strides.
However, it bears mentioning that BTC now trades within overbought territories on the daily stochastic indicator, suggesting that a sharp correction could be in the works. Regardless, the flagship cryptocurrency is poised to tap the 24K top in the coming days before the mentioned possible correction.
Meanwhile, my resistance levels are at $23,000, $24,000, and $25,000, and my key support levels are at $22,000, $21,000, and $20,000.
Total Market Capitalization: $1.01 trillion
Bitcoin Market Capitalization: $424.9 billion
Bitcoin Dominance: 41.2%
Market Rank: #1
23K mark for the first time since June 16, paving the way for additional strides. However, it bears mentioning that BTC now trades within overbought territories on the daily stochastic indicator, suggesting that a sharp correction could be in the works. Regardless, the flagship cryptocurrency is poised to tap the 24K top in the coming days before the mentioned possible correction.
Meanwhile, my resistance levels are at $23,000, $24,000, and $25,000, and my key support levels are at $22,000, $21,000, and $20,000.
Total Market Capitalization: $1.01 trillion
Bitcoin Market Capitalization: $424.9 billion
Bitcoin Dominance: 41.2%
Market Rank: #1
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