Today #BTC走势预测
Affected by external events, BTC has continued to rise throughout the weekend and has now re-established itself on the bull market neckline mentioned in the quote.
It should be noted that due to the low liquidity of the weekend, this period of rise has been reduced compared to the opening period of the US stock market during the week, which means that some funds believe that external events are beneficial to BTC and the subsequent macroeconomic policies, so they are entering the market to do more;
Although the volume of this part of funds is small, it can bring a large increase under low liquidity conditions.
At present, I am more concerned about the closing of the current daily line and Monday's daily line. After all, according to the current price, CME has already had a gap of $2,300.
If the market decides to leave this gap and break through 63,800 on Monday, the trend will reverse from a medium-term short trend to a short-term long trend;
And if this gap is eventually filled immediately after the CME opens according to historical rules, then the overall market will still be in a volatile market under the background of a short trend, and I will continue to maintain a long-term bearish mindset.
From a technical perspective, BTC's current entire upward shock structure still belongs to a rising wedge or rising channel structure with a shrinking rebound. From a technical perspective, it belongs to a short-term advantage structure, which basically conforms to the possible path I guessed on July 5. Except for a brief breakthrough on the upper edge of the wedge, there has been no significant deviation.
So we only need to pay attention to whether this breakthrough at the daily level is a real breakthrough or a false breakthrough.
