July 31: #Bitcoin: So Dear all,

We are on our target which we set in first half of July when all groups/youtubers are bearish due to grayscale fud.

Bitcoin jump consecutive 10th day and reached $42500 today. $BTC also break 75 days resistance and 100day moving average. Now all bearish market turn into bullish but a good trader/investors who take entry on 30k at support. We also continue shared on chain analysis during blood bath in first half of july which indicate that btc bearish on short term only.

Now, Upper side btc have a resistance at MA 200 daily which is near $44730. BTC should test this in coming days and FOMO can push $BTC price towards $48000 in August.

Price above MA 50day, Taproot activation in Nov, Institutional FOMO are some point which make btc more bullish and breakout above $50k will open gate for New All Time High.

Downside $BTC have support at 40k/38k and MA 50day. Volatility is part of market.

Trade the Range if you are trader, ignore the volatility if you are investor.