July 8 Bitcoin market analysis.


U.S. stocks and South Korea stock market rebound plus Trump's pump only around 63000. If there is no positive news afterwards, the probability of decline is over 80%. Positive news equals a pump giving ammunition to short sellers at low prices. No positive news, negative news equals negative news. Negative news equals negative news.

Support levels:
● 62,500.0
● 61,707.6
● 61,369.5
● 61,283.6
Resistance levels:
● 64,227.0
● 64,729.0
● 65,340.7

Execute multiple short orders at resistance levels. Manage positions reasonably, pay attention to risk control.

$BTC
BTC-0.94%
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