Bitcoin Price Analysis | Key Resistance Zones
In this video I break down the latest Bitcoin price action and confirm whether the expected July rally is still on track. By using Elliott Wave theory, I analyze the current ABC structure to determine if we are seeing a corrective bounce or the early stages of a larger trend reversal. I cover the key support and resistance levels you need to watch to stay ahead of the market, including the significance of the 21-week EMA and the 200-day moving average. We also look at the shorter time frame to identify a potential 1-2 setup and the micro support zones that must hold for this bullish momentum to continue. Whether you are trading short-term volatility or looking for macro signals, this outlook provides the context needed to navigate the current setup. Timestamps: 0:00 - July Rally Analysis 1:31 - Bullish Case Scenarios 3:49 - Resistance Target Zones 6:03 - Inverse Head Shoulders 7:13 - Short Term Outlook 10:05 - Micro Support Levels ----------------------------------------------------------------------------------------- 🧿 MCO Global: 💻 https://www.mcoglobal.com/ ✉️ Join the FREE Newsletter: 👉 https://mcoglobal.com/newsletter/ 🧿 Join the More Crypto Online Community: 👉 https://www.mcoglobal.com/memberships OR 👉 https://www.youtube.com/channel/UCngIhBkikUe6e7tZTjpKK7Q/join OR 👉 https://www.patreon.com/morecryptoonline 🧿 Join the MCO Stocks & S&P500 Community: 👉 https://www.patreon.com/moretradingonline ----------------------------------------------------------------------------------------- 🧿 Social Media: 👉 X / Twitter: https://x.com/Morecryptoonl 👉 Instagram: https://www.instagram.com/morecryptoonline_official/ 🔗 All Links: https://linktr.ee/morecryptoonline ✉️ Contact: info@morecryptoonline.com ----------------------------------------------------------------------------------------- 🧿 Exchanges & Brokers (Affiliate Links): 👉 Trade on Bybit: https://partner.bybit.com/b/MCO 👉 Trade on Bitget: https://partner.bitget.com/bg/MoreCrypt
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