Bitcoin Chart Review and Update #58 ?

BTC Chart Published By Proanalysistrader

#bitcoin broke below the support level and bounced from the 200D MA in this Chart. Next Target is around 9366+> Bitcoin is bullish right now.

Personally, I'm Waiting $BTC To Approach $9600
& This is For a Reason : We Have a "Bearish Orderblock" at $9600 Zone Along With a "Volume Gap" That is Yet To Be Filled.

Once it's Filled BTC Can Crash Hard... Even Breaking Below $9K Support. Becoz Since The Very Begining Of This Month (July),

https://www.tradingview.com/x/UwbEGnpX Bitcoin Has Been Testing And Holding Upon $8900 - $9K as a Good Support. Making it So Weak as it Has Been Tested Over 5 Times.

BTC HASH RATE:

After falling 27% after the halving, the hash rate of bitcoin has set a new all-time high at a rate of 124 exahashes per second, Once again, there was no "death spiral". And this is the long term boom for BTC.

Note :- its only for education purpose, This is not a investment advive.

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Posted Using LeoFinance