$BTC Monthly close is in 2 days, and so far it doesn’t seem like a particularly bearish close. We’ve already set both the monthly high and the monthly low.
If the price starts rising and sweeps the current monthly high at the beginning of August, I would be very cautious.
At the start of a new month, BTC often targets significant highs or lows to establish the month’s range, so this is something to watch closely in August. If we start selling in August without first sweeping the high of July’s wick, then the 60K–61K region becomes the main area to watch.
$SOL
$SIREN
#KOSPICloses5.9%HigherOnChipmakerBuybacks CryptoShortsLiquidated$3B#GrayscaleFilesToListZcashTrustOnNYSEArca #WalmartFalls7% #FASBProposesStablecoinsAsCashEquivalents #USJoblessClaimsFallTo206000
If the price starts rising and sweeps the current monthly high at the beginning of August, I would be very cautious.
At the start of a new month, BTC often targets significant highs or lows to establish the month’s range, so this is something to watch closely in August. If we start selling in August without first sweeping the high of July’s wick, then the 60K–61K region becomes the main area to watch.
$SOL
$SIREN
#KOSPICloses5.9%HigherOnChipmakerBuybacks CryptoShortsLiquidated$3B#GrayscaleFilesToListZcashTrustOnNYSEArca #WalmartFalls7% #FASBProposesStablecoinsAsCashEquivalents #USJoblessClaimsFallTo206000