*FIGURE 1: BTC TECHNICAL CHART 29 JULY 2026*


This is for price analysis
- *Price*: $63,500
- *Key support*: $63,171 - If it breaks through, it could go to $61,250
- *Resistance*: $65,199 EMA 50 → $67,359 Fib 61.8% → $67,771 EMA 100
- *RSI*: 54 = neutral. There isn’t enough momentum to push higher strongly yet
- *Conclusion*: Still sideways. Waiting for a breakout in either direction

*FIGURE 2: 3 REASONS BTC IS DOWN TODAY*
This is to understand the fundamentals
1. *ETF Outflow $465 Million*: Institutional money fled for two consecutive days
2. *The Fed 29 July*: The market is worried about rate hikes, so everyone is holding back for now
3. *Liquidations $49 Million*: Long positions were wiped out, making the price fall even more

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*Key takeaway today*: BTC is being held back due to macro sentiment. The key level is at $63,171. Holding = safe. Breakthrough = be on alert
BTC0.98%
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