Bitcoin July 2024
We are experiencing a normal correction, nothing unusual for now.
We have a couple of buyingopportunity left, I am no convinced we are moving in that direction yet. BTC is in a similar sideways action to last year 2023 summer.
If the blue line crosses the white line I am bearish. I will explain in a later post why.
For now Do not trade, do not buy, is not a good buy opportunity risk reward ratio.
Hold your positions and wait for a consolidation without catching knives.
We have a couple of buyingopportunity left, I am no convinced we are moving in that direction yet. BTC is in a similar sideways action to last year 2023 summer.
If the blue line crosses the white line I am bearish. I will explain in a later post why.
For now Do not trade, do not buy, is not a good buy opportunity risk reward ratio.
Hold your positions and wait for a consolidation without catching knives.
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