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FX.co ★ BTC update for July 25,.2022 - Further downside continuation in play

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Crypto Analysis:::2022-07-25T12:26:47

BTC update for July 25,.2022 - Further downside continuation in play

Technical analysis:

BTC update for July 25,.2022 - Further downside continuation in play

BTC/USD has been trading downside in the background and there is potential for further bear continuation.

Trading recommendation:

Due to lower highs and lower lows and channel mode, I see potentia lfor downside movement.

Watch for selling opportunities on the intraday rallies with the downside objectives at the price of $51.500 and $20.900.

Stochastic is on the fresh bear cross and in overbought condition....

Analyst InstaForex
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