#BTCUPDATE 27.7.21 MANIPULATION OF THE HIGHEST ORDER

Amazon denied claims of accepting #BTC at critical resistance causing a relatively strong dump, although BTC has held surprisingly well - this coupled with that Amazon has followed up officially with they are exploring crypto payments - so there is still hope there/

We have found a strong support at 36.3k and reclaimed 37k although getting back above 37.7k is where we really want to be.

All in all it is still looking like a very bullish short term run for BTC with 40k likely to be retested. I feel like we are looking at a potential ascending triangle forming either at 38.5k or more likely 40k region to start to build for the proper breakout.

There is currently a weighted stable-coin ratio on exchanges which would suggest an incoming pump for BTC soon - although the door has been opened a little bit for FUD news so watch out.

My play with BTC is to hold long to 38.5k and then onto 40k.