🥷🏻BTC UPDATE - JULY 02
💎Scenario 1: Support at $62,000
- Condition: Bitcoin's price holds at $62,000.
- Outcome:
- Potential for a positive bounce.
- Additional confirmation needed for a trade.
💎Scenario 2: Break Below $62,000
- Condition: Bitcoin's price breaks below $62,000.
- Outcome:
- Next target is $60,000.
💎Summary
- Current Situation: Bitcoin is finding support at the 1-hour MA 99.
- SO IS:
- Bullish: If the price holds at $62,000, we could see a bounce.
- Bearish: If the price falls below $62,000, the next target is $60,000.
$BTC
