Why July will be bullish — why BTC will go above $75K
Yes, the trend does look bearish right now — market sentiment, chances of a rate hike, and geopolitical conditions all point to a downtrend. But there's one thing still pulling the market upward: liquidity.
Right now everyone is positioned on the same side — shorting. Every single person is shouting that BTC will go to $42K, that BTC will go to $31K. That's exactly why liquidity has shifted to the upside — everyone's liquidations and stop-losses are sitting above current price, and the market will go hunt them.
So if you're thinking of shorting here, stop and reconsider. You don't have to fight the trend, but you should definitely move with the liquidity.
$BTC $ETH $SOL
Yes, the trend does look bearish right now — market sentiment, chances of a rate hike, and geopolitical conditions all point to a downtrend. But there's one thing still pulling the market upward: liquidity.
Right now everyone is positioned on the same side — shorting. Every single person is shouting that BTC will go to $42K, that BTC will go to $31K. That's exactly why liquidity has shifted to the upside — everyone's liquidations and stop-losses are sitting above current price, and the market will go hunt them.
So if you're thinking of shorting here, stop and reconsider. You don't have to fight the trend, but you should definitely move with the liquidity.
$BTC $ETH $SOL