BTC/USD - Analysis
Daily timeframe!
Over the past week, the price has been moving bullish. We saw a clear intention from the bulls after that bullish engulfing candle on the 11th of this month, and we have seen a continuation in price since then.
However, the price is approaching the value area high of the range pulled from mid-June until the current price action. We also have a monthly level of resistance located within this zone. We further up resistance, located at $24300, which is a weekly level and falls in line with the previous highs.
Local support can be found at $21285. This is where the daily NPOC and Point of Control are located
@Whalescryptovip
