DISCOUNT

As we saw bitcoin completed 2 days of price increases and ended the 3rd day with a small bearish candle with long wicks. bitcoin is struggling in a narrow range of 56k-58k and the 57k ending point shows us that buying pressure is currently absent. Bad news is flooding the market

1: The economy is weakening

2: The German government continuously sells bitcoin

3: MT .Gox refunds bitcoin according to the assessment that 99% of people who receive it will sell it

conclude :

Bitcoin has completed its bull cycle

In the coming days BTC will reach 52k and we will end July with a red color BTC 39k-42K