I favour the scenario of upwards momentum in July but with a moderate target around $7,000. I tend to see it as a sell opportunity for another test of the $6,000 zone into August.
I have not smelled fear and capitulation yet.
I favour the scenario of upwards momentum in July but with a moderate target around $7,000. I tend to see it as a sell opportunity for another test of the $6,000 zone into August.
I have not smelled fear and capitulation yet.
Last time to hit 6K should be 3 July. Bitcoin should be AT LEAST be 6725 at 1 August and never look back. If it does fall through though, then we can see it fall all the way down to 3K and even 1K.
Yes. I take such scenario into account although below $3,000 seems to be an outlier. The biggest pain point does not seem to have been reached already.