For the price of #Bitcoin , I shared with you on June 26 that the price target of the formation was actually 54K, but I said 56K as a precaution.
The price of #BTC hit the full price target of the formation, 54K, today. It even dropped to 53K.
Technically, the formation reached its price target. What will happen next?
We need to watch the market for a while. Price movements are important. I will share with you when I get a safe return signal.
But I'm not expecting 50K gold, let me say that openly. One of the biggest reasons for this is that there are too many short transactions opened. So now they can blow up those who open short transactions by not making any profit. However, a serious increase may not occur immediately.
In summary, I think that the market will move horizontally with slight declines for a while, then collect bullish liquidity, and the upward market will start again from the end of July, that is, this month.
I have already said in my past videos and articles that I expect an increase starting from July.
