📊 Technical Analysis
● Bulls pierced the descending purple trend-line and closed two candles above the 106 k pivot, confirming a pennant breakout and resetting higher-lows along the black mid-channel.
● Re-test of 104.8 k demand (green band) held as support; the new up-sloping flag projects to the 111.8 k-112 k red supply at the channel roof, with dynamic backup now rising to 103.8 k.
💡 Fundamental Analysis
● U.S. CPI whispers point to a softer June headline while spot-ETF cohort added another 3 200 BTC in two sessions and exchange reserves keep declining, underscoring supply squeeze amid easing rate fears.
✨ Summary
Long 104.8-106 k; sustained trade >107 k targets 111.8 k → 115 k. Bull thesis void on a 4 h close below 99 k.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
● Bulls pierced the descending purple trend-line and closed two candles above the 106 k pivot, confirming a pennant breakout and resetting higher-lows along the black mid-channel.
● Re-test of 104.8 k demand (green band) held as support; the new up-sloping flag projects to the 111.8 k-112 k red supply at the channel roof, with dynamic backup now rising to 103.8 k.
💡 Fundamental Analysis
● U.S. CPI whispers point to a softer June headline while spot-ETF cohort added another 3 200 BTC in two sessions and exchange reserves keep declining, underscoring supply squeeze amid easing rate fears.
✨ Summary
Long 104.8-106 k; sustained trade >107 k targets 111.8 k → 115 k. Bull thesis void on a 4 h close below 99 k.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
90% accuracy in telegram
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
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.