[July 1 Bitcoin chart analysis]
BTCUSD 30Min Chart

*My analysis is optimized for TradingView.
If you press the replay button, you can check real-time movements.

-Long position strategy-

1) $58,026.9 Long Position Entry Zone / Stop Loss if broken below the green support line

2) $59,576.3 Long Position 1st Target -> Target prices in the order of Top, Good

If the strategy is successful, 59.2K in the middle serves as a re-entry zone for the long position.
Since a MACD Dead Cross is currently in progress on the 1-hour and 2-hour charts,
I proceeded as safely as possible.
Please note that 59.5K at the top is a zone where the Bollinger Band 4-hour and 6-hour chart center lines overlap, so it will be difficult to break through in one go.

If the green support line is broken today,
the Bottom -> up to Zone 1 is open.

For Bitcoin to move into a rapid uptrend, it must maintain the green support line without breaking it unless absolutely necessary this week.
I post the analysis results as a Comment every day.

Thank you.

(You can find the link on my profile.)

- Click Follow to receive faster information every day.
- Check the results using the replay button on TradingView.
#BTC100K #Bitcoin #Crypto #USDT $ALT $ETH $BTC $GOLD