Bitcoin Wave Analysis – 23 July 2026

Bitcoin: ⬇️ Sell

– Bitcoin reversed from resistance level 67070.00

– Likely to fall to support level 64000.00

Bitcoin cryptocurrency recently reversed from the resistance zone between the resistance level 67070.00 (top of wave 2 from June), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from May.

The downward reversal from this resistance zone stopped the previous minor ABC correction 2 from the end of June.

Given the strong daily downtrend, Bitcoin cryptocurrency can be expected to fall further to the next support level 64000.00.