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The Bitcoin Seer
npub1rtc…lykr
2024-07-15 16:50:07

The Bitcoin Seer on Nostr: ...



Market Update - 7/15/2024

For the first time in over a month Bitcoin is trading above the 4hr EMA200 (yellow line.) We have seen the bullish momentum continue throughout the weekend, and the price is now 15%+ up from our perfect bottom snipe last week. The price now looks to be consolidating around $62.7k monthly open level.

For now I am happy to let the Monday range develop, and looking for a reaction on a retest of the 4hr EMA200. A word of warning- BTC has created a huge CME gap this weekend and if this is to be closed it means a move down to $57.9k.
Author Public Key
npub1rtcm7s0gnmzpze77eexty9y0cctn5pvn62utvydugau20xvrcdus9dlykr