Update BTC plan on 30/Jul to 2/Aug
BTC has been unable to break through the 29.6k level, contrary to our previous plan. It is currently forming a triangle on the close candle of July 30th, with resistance on the RSI. The lack of sufficient momentum is preventing it from breaking through the 29.8k level, as we had anticipated.
July 31st will be a crucial day for the crypto market as it will determine the trend for August. If the candle on July 31st fails to successfully break through the formed triangle, there is a high likelihood that BTC will move down to the lower zone around 28.8k, and we may not see 30.4k for at least half a month. Let's wait and observe if BTC can break through this triangle on the mentioned date.
July 31st will be a crucial day for the crypto market as it will determine the trend for August. If the candle on July 31st fails to successfully break through the formed triangle, there is a high likelihood that BTC will move down to the lower zone around 28.8k, and we may not see 30.4k for at least half a month. Let's wait and observe if BTC can break through this triangle on the mentioned date.
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