Bitcoin traders eye levels to hold as ‘decision time’ looms for BTC price

Bitcoin traders eye levels to hold as ‘decision time’ looms for BTC price

Bitcoin (BTC) recovered above $23,000 into July 22 as attention increasingly focused on the upcoming weekly close.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

BTC price needs to preserve at least $22,400

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD finding renewed strength after briefly dipping towards $22,000.

The pair traded in a critical zone for bulls on the day, with the 50-day and 200-week moving averages (MAs) still yet to flip from resistance to…


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