BITCOIN BTC / USDT TECHNICAL ANALYSIS AND BTC INTRADAY LEVELS 27 JULY

BITCOIN BTC / USDT TECHNICAL ANALYSIS AND BTC INTRADAY LEVELS 27 JULY

By trade60 | trade60 | 27 Jul 2021


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Bitcoin (BTCUSDT) rose 25.57% last week, reaching its highest for the month. It faces resistance at 39.256 and a breakthrough would pave the way for further strong growth.
Here are four reasons to buy Bitcoin right now:
- SEC Commissioner Esther Pearce urged faster adoption of cryptocurrency ETFs in the US, noting that Canada and Brazil have already approved the launch of these investment products, leaving the US behind.
- Cryptocurrency exchanges have been experiencing an outflow of Bitcoin lately, indicating that markets have switched to accumulation mode.
- Institutional investors are showing a growing interest in cryptocurrencies. According to Glassnode, open interest in Bitcoin futures is at a monthly high.
- Technical Analysis: The next resistance level for BTCUSDT is at $ 39,256.00. Exceeding this level will open up growth opportunities at $ 41,330.

Graphic: tradingview.com

Here are the intraday levels of BTC:

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This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
THE OPINIONS EXPRESSED BY THE AUTHOR ARE FOR INFORMATION PURPOSES ONLY AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.

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trade60
trade60

Sono un uomo di 60 anni, non lavoro da un bel pò di tempo e ora mi occupo a tempo pieno di trading e di cryptovalute


trade60
trade60

Mi occupo di analisi tecnica e trading sui mercati finanziari dal 2000, dal 2018 mi sono interessato alle criptovalute prima minandole e poi guadagnandole con qualche app/sito. Qui troverete informazioni utili sul trading, come guadagnare criptovalute dal nulla e come aprire wallet affidabili. Tutto questo senza fornire un servizio di consulenza ma di passione. Chi investe i propri soldi in operazioni finanziarie speculative si assume dei grossi rischi di perdere il capitale.

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