BTC outlook for 6 July 2022.
BTC made the break out I mentioned and closed strong bullish above the trend line. Yesterday's daily bar made the retest on the trend line and closed rejecting this trend line. I would like to see BTC establish some sort of uptrend to retest the 21k level and possibly break above and continue upwards. If BTC manages to move back below the 19,5k level I believe it will retest our strong support zone again around 19k.
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