July 2022 has a lot in common with December 2020

In late May and early June this year, Bitcoin held to a range of 28,000 - 32,000 for several weeks before finally clinging to a support around ~ 29,300 and then finally dropping to our current zone.

Our current range happens to be the same range Bitcoin was trading in late November and all of December 2020. When you look at the key levels Bitcoin formed in December 2020, you will see that Bitcoin in present time has thus far, interacted with the exact same levels.

Below you will see where I marked on the daily chart for BTC the low of December 2020, the bottom and top of its vector candle move in December 2020( high volume , big candles) and it's December, 2020 high. So far you will see Bitcoin has bounced exactly at the December, 2020 low, and then went to, and built support at the low vector area before continuing up it's current path to what i can only assume will fulfill the rest of the previous vector move, possibly even the December high.

While it is possible that it overtakes it's December, 2020 high and continues on, I am expecting for the 29,300 that previously acted as it's last stand defense before current crash, to become it's ultimate low to mid term resistance.