#BTC/USDT Hit our Target $63k What's Next?

15 Jul

Since the last BTC update, the price has followed our expected path perfectly. Currently, BTC is trading right around the critical resistance level of 63k, a level I've highlighted since it reached 53k. This is the moment of decision.

Following the news of an assassination attempt on Trump, the market experienced a relief rally. However, it's still uncertain whether we are out of the woods yet.
The best strategy now is to start positioning into altcoins while holding BTC. Over the past 3-4 weeks, I've posted insights on 40 altcoins. Feel free to review those, as I'll be sharing 30 more promising altcoins starting today, so make sure to follow me.

Returning to the chart, if BTC breaks above the 63k level, we could see it trading around 70k+ in the short term.
The mid-dotted line, which previously acted as support, has now turned into resistance. A breakout above this level could be very bullish for the market since the same level aligns with Multiple EMAs.
We are almost there; patience is key.

The most reasonable move now is to wait for a breakout above 63k. A break and close above this level would signal a strong opportunity to go long on both altcoins and BTC.

I will keep this chart updated and inform you of any significant changes, whether the breakout occurs or not.

So, follow me and share these charts with others. Don't forget to hit the like button. Please share your views, questions, or altcoin requests if you have any.

Thank you.

PEACE