Once again, the $22000 level proved to be a major current obstacle for Bitcoin to move into a bullish trend. On July 8, the price of bitcoin managed to climb up to $22,400, and a pullback below $22,000 followed very quickly. During the weekend, the price tried to make a break above but without success. Yesterday there was a price drop and a drop below the $21,000 level. During the first part of today, the price continued its decline, and now we are at the $20500 level. We can say that we are currently looking for support at the MA200 moving average, but it is more likely that we will see a new test of the $20,000 ... (full story)