Baki this area $30,400-$31,000 bahut imp zone hai. Aaajke video mein cover kiya hai yeh break hua toh waise jyda kuch niche hai nahi support ke liye. So do check todays video have explained everything in detail.

$400 jump from our support zone at $30,400 but remember small jumps dont really matter that much in downtrend. unless price bounces to test upper resistance which in current case is at $32,200. Price support pe hi rahi toh risk of breaking down will increase - So trade accordingly.

New Jersey Attorney General Issues Cease And Desist Order Against BlockFi

https://www.forbes.com/sites/stevenehrlich/2021/07/19/new-jersey-attorney-general-prepares-cease-and-desist-order-against-multi-billion-dollar-bitcoin-financial-services-platform/?sh=4428bedd21a5

Morning Guys, As mentioned in last update - If jump is not strong enough & stays close to $30,400 price will break down. Which has happened now breaking downward almost 22 days old moving channel. Really dont have much support below these areas. Last ones are $29,000 then $28,000 baki sab strong support aab resistance ban gye hai.

now this tweet will make more sense to people who didn't get it at the time when it was posted.

https://twitter.com/CryptooAdy/status/1366009579457323008?s=20

🚨 1,649 #BTC ($49,005,088)
aggregated flows from miners to exchanges

Miners seems to be moving Bitcoin to exchanges since last night. Miners usually transfer to sell them.

561 #BTC ($17,219,848) - 1:27 AM
2,063 #BTC ($61,255,156) - 8:51 AM
560 #BTC ($16,556,946) - 09:05 AM
954 #BTC ($28,303,409) - 9:17 AM
1,649 #BTC ($49,005,088) - 11:16 AM

🚨 1,996 #BTC ($59,366,106)
aggregated flows from miners to exchanges

The President’s Working Group for Financial Markets, a presidential advisory group, plans to issue recommendations about stablecoin regulations within the next few months

https://www.coindesk.com/presidential-advisory-group-promises-stablecoin-recommendations

Guys video length kaunsi suit karti hai apko ?
anonymous poll

10 mins – 4K
👍👍👍👍👍👍👍 67%

15 mins – 982
👍👍 18%

5 mins – 775
👍👍 15%

👥 5314 people voted so far.

As covered in yesterdays video - Sharing 2 Charts from Bears and Bulls Perspective 👇

Bears Perspective (Descending Triangle) - Where price overall fails to recover above $32,300.

Supports will be at approx $25,000 and $20,000

Bulls Perspective (Falling Wedge) - Where price manages to hold above $29,000 and bounce and cross levels at $32,300.

This pattern breakout range can be around 36k-38k but before that we have many resistance - so we will cover based on price movement.

Keep an eye on support at $30,400 now. If it holds or not.

Keep an eye on how Price reacts at $31,600 zone. We have a strong trend line here acting as resistance.

$32,200 is a strong resistance zone. Yeh bhi dhayan rakhna. Jab tak woh cross nahi hota weak pump hoga yeh.

Resistance line + upwards has 20 daily MA, EMA and 50 weekly MA