🚨 BTC Update July 16. We just recorded a price increase of BTC of 5.13% in the last 24 hours. a huge increase in amniotic fluid. Exceeding our expectations, we only need to break 63,000 but BTC has reached 64,955
👉BTC has officially broken the bearish trendline in the H4 frame as well as escaped the area that I suspect is the redistribution of the previous peak structure. The 2 milestones 60,800 and 63,100 passed extremely smoothly
👉Currently, BTC is encountering a price line and a strong reaction at the 64,800 area
👉After being controlled by the Bears for 1 month straight, with FUD flowing continuously, we also recorded a strong increase due to a number of factors as follows:
- Trump was assassinated, his support for cryptocurrency and his determination to participate in discussions about Crypto also sparked a new wave
- CPI and PPI news are quite good for the financial market
- ETFs actively buy spot BTC again, with a positive summary level maintained at 9/16 days.
- Start minting more USDT in July
- After running out of Euros, some young people withdrew their betting money and brought it to crypto
- In June, all the meat goes to Long Top, and in July, all the meat goes to Sell Bottom
📌Currently, crossing the price line too quickly is really not good. If you go too fast, the buds will fall off. Hope you confirm the adjustment soon, more or less return to 63,100 and 62,000 and then continue to increase the price. We have 2 BTC milestones approaching 65,600 and 66,600.
To summarize, have you seen Up Chen yet? Or will you turn the cup upside down?