BTCUSD 1W (it looks uptrend from 28600)

2023年7月27日

BTCUSD is our neutral view currently as a result of trading through a specific range between the prices of $31,089 and even $29,720 since the end of last month's trading.

Bitcoin was subjected to selling pressure at the $29,947 resistance area in morning trading today, which indicates the strength of the sellers, and is currently testing the $29,655 area.

The Bitcoin cryptocurrency, if it breaches $29,947, may target the $29,655 level.

Support: 29988 - 30000 - 28648

Resistance: 30873 – 32196 – 33500

Orientation: Neutral

The most important news today:
There is no important or influential data in the economic agenda on the movements of the US dollar directly, which in turn may affect the movements of the Bitcoin digital currency.