BTCUSD: Finally below 30,000

24 de jul. de 2023

I've been waiting for this day for a while now. BTCUSD has been trading in a tight range around the 31,000 area for some time. It was difficult to get a daily close below 30,000, but once it happened and price retested and confirmed wedge support as new resistance I was all for taking a stab at the opportunity. So far, price has had a steady move to the downside, but the day isn't over yet. If we can get a daily close at the lows today, then I'd be looking for a move towards 25,000.