Cryptocurrency Opinion and Analysis

Who Bought Into Bitcoin’s Bounce?

07/26/2022

Less than a minute

2022.07.26 11:02

In previous posts, I mentioned that Bitcoin is still bound in a bearish flag (price channel) on the daily. The market did respect the respective resistance as it is moving south again. Corrective bounces within bear markets are hard to assess either way – aggressive rally or resumption of the downtrend.

Who Bought Into Bitcoin’s Bounce? BTC 5-Hour Chart

07/26/2022

Less than a minute

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