$BTC Market Detailed Updates :

💲In the 6H chart, BTC has been maintaining bearish momentum since 67k. The 6H chart retested around the 63,500 level two days ago and then dropped again. BTC on the 6H chart still shows strong bearish momentum. It may reach 50,000 soon if this bearish momentum continues in the upcoming days. It is possible to enter bullish momentum, but BTC needs to break the resistance level at 63,495. If this level is not broken, 50,000 could be reached soon, possibly before the CPI data release.

💲In the 1D chart, there are some conditions to consider. The bullish breakout point is 75,196.2, and the bullish condition point is 64,000.

Conditions:

1. If BTC reaches above the bullish condition point of 64,000, it will maintain the sideways trends. The sideways trading price range may be 62,000-67,000.

2. If BTC maintains the sideways trends, it needs to break the bullish breakout point of 75,196.2 to enter bullish momentum, potentially rising above 85,000.

3. If BTC does not reach the bullish condition point, it can drop below 50,000 and may reach 46,000 or lower.

If BTC experiences high volatility, these scenarios could happen this month; if not, they might occur before October.

These conditions and analyses are only valid until July 10. After that, BTC trends and conditions may change.

For those following the 15-minute chart analysis, please don't confuse it with these longer-term analyses.

Thanks for your support and love ❤️.

Author : @KingofBTC2024 (For All) BXT

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