Digital Assets Morning Call: July 20, 2022 ☕ 📰
Recent crypto rally continues; Eurozone developments bear monitoring — ↘️ Bitcoin and Ether extend gains ↘️ Complications and difficulties build for Europe ↘️ Eurozone economic and currency developments have implications for digital assets The price action in major crypto tokens continues to be among the most important and noteworthy developments in the crypto space this week. Bitcoin (BTC-USD) has pushed above $23,000 and is further retracing or filling the steep price decline, or “gap,” from mid-June that extends from approximately $28,000 to $21,000. That $28,000 level markets the next upside target or resistance. Ether (ETH-USD) has gone further in filling its mid-June gap, which we see from approximately $1,700 to $1,000. And the $1,700 level is the next target/resistance for that token price.