Where is BTC going ?
BTC is currently around the $64K area, but the market looks cautious rather than strongly bullish. The Federal Reserve’s recent stance is creating pressure, while Bitcoin ETFs have shown some renewed inflows other technical analysis experts tend to compare the chart of $ETH to the current one of bitcoin.
My short term interest is that $BTC may sweep lower liquidity and build up momentum gradually before breaking the resistance .
For preferred long entry, $62,000-$62,800
I will post the best stop loss and targets in the next post. Stay updated and tell me what you think.
Read the previous post on why bitcoin is moving that way .
#USIranDealOrNoDeal #SpaceXFirstLockupExpiresAug6 #BTC☀ #BTC #binancesquare
BTC is currently around the $64K area, but the market looks cautious rather than strongly bullish. The Federal Reserve’s recent stance is creating pressure, while Bitcoin ETFs have shown some renewed inflows other technical analysis experts tend to compare the chart of $ETH to the current one of bitcoin.
My short term interest is that $BTC may sweep lower liquidity and build up momentum gradually before breaking the resistance .
For preferred long entry, $62,000-$62,800
I will post the best stop loss and targets in the next post. Stay updated and tell me what you think.
Read the previous post on why bitcoin is moving that way .
#USIranDealOrNoDeal #SpaceXFirstLockupExpiresAug6 #BTC☀ #BTC #binancesquare