BTCUSD - A case for the bulls
If the price manages to close above 60400 on the daily before the 13th of July, there is a high probability that the parabolic rally might continue towards 98k by September 2024!
Disclaimer: These are not trading signals. Trade at your own risk!
Disclaimer: These are not trading signals. Trade at your own risk!
Nota
The price is at a crucial point, very confusing! Nothing more to do than let the market decide and just follow.Nota
The window got narrower, before the 10th of July, not 13 anymore!Nota
Seems highly unlikely. I won't say impossible but the already very low probability is dropping further!Nota
BTC is trying hard for that close! Can it close above 60k by tomorrow and keep up the momentum for a continued upside beyond 60k?Nota
60 days until top starting today (provided the trade activates)Nota
Conditions for trade activation:-BTC rallies to 60k on the 10th of July and the daily closes above 60004 to be very precise
-Continues to rally minimum towards 62k on the 11th of July
If these two conditions are not met, the idea would be rendered invalid!
Do we have so much gas left at this point? My personal bias says no. But let's see!
Nota
Conditions not meant for validation, case closed!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.