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<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
BTC/USD
The passing week has been positive for Bitcoin (BTC) as its rate has risen by 21%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the hourly chart, Bitcoin (BTC) set the local peak at around $42,614, followed by a short-term decline. After testing the liquidity zone at $41,800, bulls are trying to come back, accompanied by increasing trading volume.
<a rel="nofollow" target="_blank" href="#-eth-xrp-bnb-and-ada-price-analysis-for-july-31">card</a>
If they can manage to break the local resistance, there are chances to get to $43,000 by the end of the day.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the bigger time frame, the chief crypto is stuck between the support at $41,000 and resistance at $42,335. The trading volume has declined, which means that traders are still accumulating power for a price blast. If they break the resistance, the next level of $43,700 may be attained by the end of the next week.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
According to the weekly chart, Bitcoin (BTC) is about to break the resistance at $42,300 as bears are not showing any efforts to push the rate down. If the breakout occurs, the next area at which sellers can get back in the game is $47,000.
Bitcoin is trading at $41,821 at press time.
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Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
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Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 874)
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Advertisement
if (document.documentElement.clientWidth > 767) {
if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}
}
if (document.documentElement.clientWidth > 767) {
var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || [];
var abkw = window.abkw || '';
var plc666695 = window.plc666695 || 0;
(function(){
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var div = divs[divs.length-1];
div.id = "placement_666695_"+plc666695;
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if (document.documentElement.clientWidth < 767) {
if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}
}
if (document.documentElement.clientWidth < 767) {
var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || [];
var abkw = window.abkw || '';
var plc666696 = window.plc666696 || 0;
(function(){
var divs = document.querySelectorAll(".plc666696:not([id])");
var div = divs[divs.length-1];
div.id = "placement_666696_"+plc666696;
AdButler.ads.push({handler: function(opt){ AdButler.register(183269, 666696, [336,280], 'placement_666696_'+opt.place, opt); }, opt: { place: plc666696++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }});
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}
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
BTC/USD
The passing week has been positive for Bitcoin (BTC) as its rate has risen by 21%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the hourly chart, Bitcoin (BTC) set the local peak at around $42,614, followed by a short-term decline. After testing the liquidity zone at $41,800, bulls are trying to come back, accompanied by increasing trading volume.
<a rel="nofollow" target="_blank" href="#-eth-xrp-bnb-and-ada-price-analysis-for-july-31">card</a>
If they can manage to break the local resistance, there are chances to get to $43,000 by the end of the day.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the bigger time frame, the chief crypto is stuck between the support at $41,000 and resistance at $42,335. The trading volume has declined, which means that traders are still accumulating power for a price blast. If they break the resistance, the next level of $43,700 may be attained by the end of the next week.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
According to the weekly chart, Bitcoin (BTC) is about to break the resistance at $42,300 as bears are not showing any efforts to push the rate down. If the breakout occurs, the next area at which sellers can get back in the game is $47,000.
Bitcoin is trading at $41,821 at press time.
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Gamza Khanzadaev
Alex Dovbnya
