We are at the tip of the spear for the consolidation zone. We need to get above 35.1k to confirm the break out - assuming this happens then we will continue the ranging path and track to 40k.
Break down 34.3k then it's bad news we will likely see a track down to 32.3k
The long term projection remains on point. Operate with larger stop-losses here to guarantee profits on trades as we seem to have pretty bullish momentum even if we see a break down of support - that looks like it will only be short-term.
Overall I am quite bullish on BTC going into July is looking more and more promising.
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.