\u200b\u200b\u200bBitcoin nears record high\u00a0
\nBitcoin bullish scenario:\u00a0<\/p>\n
Bitcoin<\/a>\u00a0is seen heading back up towards its 161.8% Fibonacci extension of the 2019-to-2021 advance, projected higher from the 2022 low, at\u202f$122,056.92.\u00a0<\/p>\n Above it beckons Monday’s record high at\u202f$123,181.77. If overcome, the next higher\u202f161.8% Fibonacci extension at $143,519.00 might be in focus.\u00a0<\/p>\n Minor support<\/a> below the 11 July high at $118,839.29 can be spotted at the 15 July low at $115,739.64. Further down lies the May peak at\u202f$111,965.80 which may also offer support.\u00a0<\/p>\n Bitcoin bearish scenario:\u00a0<\/p>\n In case of a bearish<\/a> reversal<\/a> and fall through Thursday’s $117,500.50 being witnessed, the 15 July low at $115,739.64 would be back in sight. Failure there may lead to the\u202fMay peak at $111,965.80 being revisited. Together with the early June high at\u202f$110,617.03 and the early July high at $110,598.55 it offers a solid potential support area.\u202f\u200b\u200b\u00a0<\/p>\n Bitcoin\/USD chart<\/p>\n","protected":false},"excerpt":{"rendered":"\u200b\u200b\u200bBitcoin nears record high\u00a0 Bitcoin bullish scenario:\u00a0 Bitcoin\u00a0is seen heading back up towards its 161.8% Fibonacci extension of…\n","protected":false},"author":2,"featured_media":271652,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[51,2441,16,15],"class_list":["post-271651","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-markets","tag-uk","tag-united-kingdom"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114873477700142971","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/271651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=271651"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/271651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/271652"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=271651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=271651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=271651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}