#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.
