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7.23 Storage bottoms out, BTC/gold are setting up for a rebound
1. The Korean index and the storage sector are in a pullback within a bull market; 6482 is expected to become the low point of this pullback, with the goal of first rallying back to the 8200 area.
2. BTC will first consolidate and then rebound; the range-bound movement between 62,000-68,000 will continue, and after the consolidation, a stronger rebound is expected.
3. Gold has experienced sustained declines and has started to form higher lows; the bearish phase is coming to an end. After another one to two weeks of consolidation, a strong rebound is expected.