Bitcoin – Constant in Range for BITSTAMP: BTCUSD By Mihai_Iacob – Technische Analyze – 2022-08-31 17:32:12

After Sunday’s low of 19,500, Bitcoin It entered a range between 19500 and 20500.
Yesterday, another attempt to break down quickly reversed and the price is now directly below the resistance level again.
Given the strength of the reversal, we can expect resistance and acceleration to the next important level at around 22K
On the other hand, a breakdown may expose the previous drop below 18K.
At this moment m rising Bitcoin I am thinking of buying dips towards 19500

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