Bitcoin Chart Update

It is 7/28/2022 and we are looking at the current price of Bitcoin being $23,800. After the FED rate hike announcement the market reacted with immediate buy-side pressure and continues now working our way towards $24,000. If we get above the $25,000 price line there will be a better chance of holding this level with CPI and other announcements with employment rate etc. coming later in the week.