Bitcoin Analysis – 20.Jul.2026
Bitcoin Analysis: By analyzing the #Bitcoin chart on the weekly timeframe, we can see that price continues to show strong retention at higher levels.
Over the past few days, Bitcoin was pushed lower several times, but buyers stepped in quickly each time and drove price back up. BTC is currently trading around $64,300, confirming that demand remains active and sellers are still struggling to keep price down.
In my view, if this buying pressure continues and Bitcoin holds above the key $62,000 – $63,000 area, we could soon see another bullish move toward higher levels.
The first major upside target is $69,000. After that, the next targets to monitor are $72,000 and $74,000 if bullish momentum continues.
For now, Bitcoin is still showing strong price retention, and the broader short-term and medium-term outlook remains bullish.
(This Post on TradingView)
Author : Arman Shaban
To see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and Stocks , be sure to Follow and Join us on other Platforms :
– Public Telegram Channel
– YouTube Channel
– TradingView
– X (Twitter)
– How to join our FOREX VIP Channel ?
– How to join our Crypto VIP Channel ?
– CONTACT ME directly on Telegram
