mathewsverghese

BTCUSDT- July 30, 2021

BINANCE:BTCUSDT   Bitcoin / TetherUS
Another day and another attempt to cross 40k.. We have been going sideways between 38800 and 40 k for a day or two now. BTC seems to be in a rising wedge. However, it also seems to be making lower highs. The rsi too has been going downwards. 40 k resistance is proving to be a strong one. However, if it does break through, we are looking at 42k and at max 42.5 k.

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