Hello Dear Traders,
5 days ago btc Closed its June 2021 Monthly candle and its DOJI candle with bearish closing. As we know till now BTC has somehow managed to hold the important level of 30k, it made multiple tries to break below 30k bt survived. on monthly timeframe we can see tht buyers are absorbing selling pressure and defending 30k mark thts why monthly candle closed DOJI Type candle pattern. This Indicates that Bulls and Bears have equal force.
July 2021 candle is opened at 35045$, to get Bullish closing this month must close above 35045$ after tht we might see upside move in btc otherwise if btc keeps testing again n again 30k levels then soon we are going to break tht test 20-23k zone.
5 days ago btc Closed its June 2021 Monthly candle and its DOJI candle with bearish closing. As we know till now BTC has somehow managed to hold the important level of 30k, it made multiple tries to break below 30k bt survived. on monthly timeframe we can see tht buyers are absorbing selling pressure and defending 30k mark thts why monthly candle closed DOJI Type candle pattern. This Indicates that Bulls and Bears have equal force.
July 2021 candle is opened at 35045$, to get Bullish closing this month must close above 35045$ after tht we might see upside move in btc otherwise if btc keeps testing again n again 30k levels then soon we are going to break tht test 20-23k zone.
