Update #BTC☀ July 29

PTKT

- Weekly T-F: BTC just closed the Dragonfly candle with a quite long candlestick. Because this candle appears in the resistance area, for me this candle is not too beautiful and will wait for more candles to confirm the candlestick pattern in the next candles.

- But we all see that in the weekly frame, BTC is following the rising expanding wedge pattern with buy volume appearing

- BTC.D, after breaking the wedge flag pattern, has broken through the resistance zone around 56% and is on the way to the 58% mark. Almost this time, BTC.D will have no resistance and there is a very high possibility that it will go straight up

PTCB

- Macroeconomics last week we witnessed quite good news + Regarding macroeconomic indicators, Canada reduced interest rates

+ Japan reshaped its financial strategy in Tokyo and changed its old economic institutions

+ Although ETH ETF is being traded, the whole market has not reacted well, but in essence it is good long-term news. About this news I will analyze an article.

+ Mr. Trump strongly shills Bitcoin and promises to make America the capital of Bitcoin

General perception

The good news is quite a lot, but the price only pushes BTC, and BTC.D shows that we are about to see another bottom for alts for most alts, but on the contrary we are about to see an alts season very close. At this stage, countries have started to lower interest rates, the ponzi game is about to begin