Since introducing Futures, BTCUSD is inside a repetitive UP/DOWN pattern. Right now, we are on the turning point of a bearish period that will lead to a two-month bullish period.
Mid July: 6200 - 7200 Late July: 6800 - 7800 Mid August: 7300 - 8300 Late August: 7800 - 8800
The lowest possible price before the reversal would be around 5500.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.