5 things together at same point wonβt let the #bitcoin move forward very easily. 1. 50 MA 2. 200 MA 3. 21 EMA 4. Horizontal Resistance 5. Weekly 21 EMA All These Things Are Together Between $61,500 - $62,100
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The month of July 2024 was very important for #bitcoin. The journey from 53,329$ to 70,081$ in just one month. Right now the price is around 66300$ which is 13000$ more than the lowest price of this month. When bitcoin closes in the morning, there is no possibility of any major changes. In the month of August, the price is likely to remain between 60,000$ to 72000$. After getting above 72000$, the price can go up further only after getting strong support there. The risk of liquidity remains high on the downside, so if the price goes down more than 60,000$, it can remain between 52000$ to 55000$. #bitcoin
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π Exciting news! India is set to release a crypto policy discussion paper before September! π This could shape the future of digital assets in the country. What innovative changes might be on the horizon?
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