$BTC update

M chart and D chart

BTC closed the June candle with a hammer candle, so investor sentiment will be very fearful.

Usually, when BTC closes with such a bad candle, there will be a slight drop of about 4-5% to scare traders.

Looking at the daily timeframe, I think BTC will form a bear trap trendline and then recover. Bear traps are the most effective pattern in this market phase.

If the market gives me an opportunity, I will consider going long on #BTC around $69,000