Analysis $BTC on July 3:
- Daily Frame: BTC yesterday after dropping to 1051 rebounded strongly breaking the downtrend up to the area of 1096. I completely missed this move. After joining friends to short at 2000, I entered another short at 1000 and stood aside watching BTC break the trend.
Today's daily candle tests the trendline around 1085 and continues to rise according to the wave. This time I will catch the Long correctly for everyone and expect to gain a few thousand in price.
BTC has broken the trend, so an increase is only a matter of time. Friends, don’t be too stubborn and hold onto losses from shorting.
- 3-Day Frame: Today's 3-day candle just opened and is still within a downtrend, so I predict this 3-day candle will continue to be green for BTC to unify the upward wave for all frames.
- Weekly Frame: The BB range continues to widen when BTC is in the range of 108-109 signaling a long price fluctuation, with a high possibility of a new ATH this week.
=> Prediction:
- After nearly 2 weeks of stubbornly holding a bearish view (in fact, BTC dropped from 109-105x but I expected it to drop much deeper :)). With BTC breaking the trend, all bearish views are incorrect. I return to a bullish view.
- Although the price range of 109x is very high for everyone. But the more skepticism about BTC, the easier it is to increase in price. When everyone thinks it can only go up, that's when BTC is preparing to reverse.
- I predict today, tomorrow, and possibly the day after, BTC will all be rising, okay friends.
- The price ranges and long-term plans are updated in the zl.
Wishing everyone victory!