Market Analysis of BTCUSD on Monday 22 JULY 2024

2024-07-22 16:09Fonte:BtcDana

Technical Analysis:
BTCUSD's short-term rally appears to be ending, but confirmation is needed. A break below 66,000 will signal the start of a corrective phase according to wave analysis. We could see price dips or a time-wise correction, making aggressive buying or selling risky at current levels. It's best to wait for the price to break and sustain below this level before deciding based on momentum.

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