Is Bitcoin Medium-Term Bottom In? (July 22 Forecast)

Bitcoin rallied on Wednesday, recovering back above the $30K level and nearly reaching $33K before pulling back a bit, closing the daily around $32K. This is bullish short-term as it validated support at $30K, erased the previous 2 days’ losses, and gives us a short-term higher high. A drop below $30K is definitely still possible, but it’s encouraging to see Bitcoin successfully retest support at…