July 29: Bitcoin: BTC Price is moving nicely from last 9 days | Crypto Universe
July 29: Bitcoin: BTC Price is moving nicely from last 9 days with green candle. We can see 71 days resistance around $41k. Price above $41k will open gate for 44k and 48k.
MACD and RSI still in bull trend but swing trader will wait for breakout at $41.
Monthly expiry in 24 hr and we can expect high volatility before and after expiry. Near $1.44 billion worth of $btc are set to expire on Deribit in next 24 hrs which max pain point is $35000. Down side btc have support at 36500 and at 50 day MA.
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