empty
 
 
cn
支持
即时开户
交易平台
入金/出金

27.07.202223:23 Forex Analysis & Reviews: BTC/USD: upside momentum

Bitcoin rallied after the FOMC and now it was traded at 22,930 at the time of writing. In the short term, BTC/USD was in a corrective phase after its strong rally. Now, the downside movement ended and it has developed a new leg higher.

Technically, it seems that we had only a temporary drop, BTC/USD could try to resume its swing higher started on June 18, 2022. The cryptocurrency increased by 11.66% from 20,700 yesterday's low to 23,112 today's high.

Bitcoin Towards 24,280!

Exchange Rates 27.07.2022 analysis

As you can see on the H1 chart, BTC/USD rallied without retesting the uptrend line. Now, it has managed to jump above the downtrend line and above the weekly pivot point of 22,544 which represented upside obstacles.

Stabilizing above these broken obstacles may signal further growth. Still, after its amazing rally, we cannot exclude a minor retreat or a sideways movement.

BTC/USD Prediction!

Consolidating above the weekly pivot point of 22,544 indicates a potential further growth toward the 24,280 former high. This scenario could help the buyers to jump in again.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Ralph Shedler,
Analytical expert of InstaSpot
© 2007-2025
立即从分析师的建议受益
充值交易账户
开设交易账户

InstaSpot分析评论将让您充分了解市场趋势! 作为InstaSpot的客户,您将获得大量的免费服务以实现有效的交易。

现在无法通话?
提出您的问题,用 在线帮助.