In the video on July 5th, $BTC suggested that testing the 62,000 support would be effective at Gann times 7.9 and 7.13, and that a new round of upswing would begin. This script has been perfectly validated recently. How should we look at what comes next? Today, starting from the smaller timeframe, let’s break down BTC’s potential next move:

In the BTC one-hour K-lines shown in the chart, 57,800-64,700 can be regarded as the first wave of the upswing—this is the red segment shown, belonging to the four-hour timeframe.

The subsequent blue segment is an in-kind pullback to this upswing.

Assuming 61,824 is the adjustment endpoint, then the upswing starting from 61,824 should be at least the same level as the 57,800-64,700 range—that is, the currently running行情 within the red box in the chart.

Overall, it’s—red segment upswing + blue segment pullback + red box upswing—together forming BTC’s daily timeframe level first wave upswing from 57,800.

After the daily timeframe upswing completes, there is likely to be a pullback of the same level. At that time, it would be a good opportunity for friends who missed the move starting from 57,800 to get on the right side. This is the next stage of the行情. Now, let’s first talk about the two key price levels and one key time window that need attention right now:

Key prices: 66,800, 67,300

Key Gann time window: July 20th to July 25th

If BTC can break through and hold above 66,800-67,300 before 7.25, then the daily timeframe first wave upswing that started from 57,800 has a chance to push the endpoint further up to 69,000, or even around 71,650.

But if within the July 20th-25th time window BTC still cannot effectively stand above 67,300, or if it breaks back below 61,824 again before 7.25, then you need to be wary that the first wave of daily timeframe upswing that started from 57,800 could end early.

I’ve always emphasized that level separation isn’t meant to make the行情 complicated for you; it’s to help everyone understand the tempo of the行情 and which stage the bigger cycle and smaller timeframes are in. Knowing yourself and knowing the enemy, you can fight a hundred battles without disaster—that’s the whole point. #btc $BTC ‌