Bitcoin Daily says we are going up up up Target - 26.8k

20 ביולי 2022

These indicators are telling me that we are moving up, this breakout looks very unsure of itself though. There is definitely alot of volume but it is not increasing like it should be. Probably because of the high RSI, a lot of players are getting ready to short. I think the price is going to up around 24.9 and then retrace back down to 23k so if you wanna take the ride to 28k, start keeping your eyes on for a good entry. Market sentiment in general is still very bearish, so I don't think that BTC has the power to break past 28k. So I am not saying the bottom is in just yet, the bulls are just making a statement and liquidating the bears because they are bored. The best chart to look at to get a solid idea of what is going on in any crypto market is its daily market, often when we trade on the 1m, 5m or even 15m charts they are heavily manipulated. That is why I am publishing this call; because I believe in it. The MMA lines on the Mac d are about to rise about the volume bars, the baseline is slightly above the conversion line, and there was a price breakout. The RSI is far from overbought so the bulls have a lot of room to move the BTC price up without any sell pressure.