#BTCUPDATE - 6.7.21
Lucky that Asis bought the dip!!! It has put us fully back in a comfortable bullish scenario.
We are coming to the end of the consolidation triangle now so it will be another make or break moment. Although the play is quite easy for BTC now.
Please note there looks like a bit of a bull trap forming between 36.1k - 36.6k with sell orders.
Bear in mind there will probably be a little retrace to about 34.4k and then a potential long to
36K (I think this is almost guaranteed at this point now, this is where we will see serious resistance. Breaking this will be done very aggressively or hard rejection. The second Long (longer term) would be from 36.7k to 40k. Bearish scenario is breaking down on the 34k again will put us on a fast track to the
31K region.
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