Key Resistance Levels of BTC: $32,300 – $32,700, $33.5K

BTC Price Support and Resistance Levels to Watch Key Support Levels: $31,700, $30-31K, $29,400, $28.6K , $35,000, $36,600. Looking ahead, the first support lies at $31,700 – the lower angle of the short-term ascending price channel. This is closely followed by a critical support area amid the $30-31K range, which is the lower boundary of the triangle. If $30K breakdown, the next support lies at $29,400 (downside 1.272 Fib Extension – blue), followed by $28.6K which is June’s low. On the other side, the first resistance lies between $32,300 (short-term resistance) and $32,700 (upper angle of the triangle). This is followed by $33.5K (upper angle of the descending price channel and 20-day MA), $35,000 (50-day MA), and $36,600 (late-June highs).