Bitcoin and Ethereum – Weekly Technical Analysis – July 19th, 2021

Bitcoin

Bitcoin, BTC to USD, fell by 7.09% in the week ending 18th July. Following a 2.93% loss from the previous week, Bitcoin ended the week at $31,820.0.

In a mixed start to the week, Bitcoin rose to a Monday intraweek high $34,655.0 before hitting reverse.

Falling short of the first major resistance level at $35,662, Bitcoin slid to a Friday intraweek low $31,044.0.

Bitcoin fell through the first major support level at $32,445 before briefly revisiting $32,450 levels.

Coming up against the…


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