#BTCUPDATE - 22.7.21 B-Word Was Bullish
Looks like some much needed bullish news came and really delivered and at a critical point too. The B-Word went well, as in it didn't sink the market further. Short of Jack Dorsey confirming accepting Crypto payments on Twitter.
We hit the 32.2k resistance and as predicted in the channel we saw a rejection there - ideally we want to get back above 32k to continue on to the next leg up. Long term it looks like a descending wedge and hopefully with a little further push we can see a big break out come.
My play with BTC is I am quite bullish and will wait to get above 32.2k and then long to
36K region.
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