Market Analysis

July 8, 2024

➖➖➖➖➖

⚪️TECHNICAL (4H)

BTC is forming a double bottom pattern. A breakout and retest above the neckline of this pattern would confirm a bullish signal. Conversely, if there is a breakdown and retest of the horizontal support, the next support level is around $50K.

$BTC DAILY RANGE:

📈Upper Limit: [VIP CONTENT]

📉Lower Limit: [VIP CONTENT]

(+-11% based on moving average volatility open/endpoints)