Are we Dumping?! Late night Bitcoin Update July 23, 2022

Bitcoin is in a bull flag on the 7 minute time frame and could be forming an inverted head and shoulders in a bullish scenario. What was resistance is now support around 22K. There is a potential larger falling wedge with a measured move to 25k, which I have called a couple of days ago. Of course in Cryptocurrency and BTC anything is possible and the market maker will have the last say. The Bearish Scenario is this dump breaks the point of control at 22K and creates an M pattern to the downside. For more information like this and for the most accurate Bitcoin analysis on Youtube plus Cryptocurrency market analysis and Crypto News you can tune in to the daily live stream!

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