BTCUSD 4h Bitcoin price movement route for the next trading week

10 ביולי 2022

A few days ago we published an idea for the BTCUSDT trading pair, with a fractal, which is working quite well today.

However, today we were noticed that the buyers started to slow down the BTC price, a struggle between sellers and buyers on increased trading volumes begins. So we decided to make an update.

The current trading zone is now $20500-21500.
If the BTCUSD price fixes above $21500 in the next few days, the upward movement will continue to $23100 and possibly to $24300.
If the Bitcoin price keeps falling down, and it consolidates below $20500, the fractal will continue to work out. A smooth correction BTCUSDT over the next 2 weeks, all the way to the maximum critical zone of $18250.
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