Bitcoin Outlook Jul 8th

in Bitcoin4 years ago

Bitcoin Outlook

Explanations on the chart. Liquidity is building up on the upside, however on the meantime, Smart Money has already taken a lot of internal liquidity and is currently within an area of mitigation, so would be a nice level to buy from. Targets would be the liquidity above the equal highs and the external liquidity around 36.6k level.

I hope you find this analysis helpful!