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7.12 daily outlook
There isn’t much to say about BTC. Above, selling pressure is strong, the rebound is weak, and shorts still dominate. The downside continues to increase in volume—following the move and shorting is the best choice.
Brother: rebound at 64,200 and 64,700 meets resistance and heads down; target 63,000, then 62,000.
Second brother: rebound at 1,810 and 1,850 meets resistance and heads down; target 1,770, then 1,710$BTC