Bitcoin has been going sideways for the past weeks, however it is forming a worrisome pattern on the daily chart.
It had been creating higher highs and higher lows since Bitcoin has hit 10,500 range and got rejected once again.
Since then, Bitcoin has had 2 lower lows and 2 lower highs.
I my orders are set at between 9400 and 9600. I don't think BTC could push it any further and I think a correction is just healthy at this point.
Expecting the move around July 3rd, give or take 3 days.
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Please visit Website for other indicators, bots and strategies hftresearch.com/
Follow us on Twitter: twitter.com/HFTResearch
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Follow us on Twitter: twitter.com/HFTResearch
Telegram: t.me/HFTResearchChat
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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.