$BTC Market Analysis

July 1, 2024

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⚪️TECHNICAL (1D)

Bitcoin recently surged from its horizontal support and broke through the trendline resistance, accompanied by a notable increase in volume. As long as BTC remains above the trendline support, a continuation of this bullish trend is anticipated. Additionally, the upcoming opening of other financial markets will likely confirm the market's direction.

⚪️WRAP-UP (VIP)

BTC surged from horizontal support, breaking the trendline resistance with strong volume. The bullish move is expected to continue as long as it stays above the trendline support. The opening of other financial markets will confirm the market's direction.

$BTC DAILY RANGE:

📈Upper Limit: 63900

📉Lower Limit: 60700

(+-12% based on moving average volatility open/endpoints)

📌SCALP ENTRIES (VIP)

(*Advanced traders only - moderate/high risk)

🔵LONG

💲60500

🔴SHORT

💲68000

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