Prices show signs of weakness near the resistance level.
We’re in the weekend, so there’s likely to be a scam-like pump, which will sweep all the stop-losses stacked above 63.2k,
+My key turning points are coming up—they’re on the 5th to the 6th, so we may form a lower high as we approach them.
Then it will drop from there to the first key support level below, at 59-61k.
At that point, the price may consolidate and possibly bounce back upward.
Overall, as I mentioned earlier, July will be bullish, but it will also be a very volatile month.
So make sure you trade accordingly, and don’t lose everything before the bull run begins.
I’ll be looking for short opportunities above 63k, with an LTF target around 60k.
$BTC
We’re in the weekend, so there’s likely to be a scam-like pump, which will sweep all the stop-losses stacked above 63.2k,
+My key turning points are coming up—they’re on the 5th to the 6th, so we may form a lower high as we approach them.
Then it will drop from there to the first key support level below, at 59-61k.
At that point, the price may consolidate and possibly bounce back upward.
Overall, as I mentioned earlier, July will be bullish, but it will also be a very volatile month.
So make sure you trade accordingly, and don’t lose everything before the bull run begins.
I’ll be looking for short opportunities above 63k, with an LTF target around 60k.
$BTC
