BTC analysis for July 01,.2021 - First target reached at $33.000
Technical Analysis:
BTC has been trading downside as I expected. The price reached my downside target at $33.000.
Trading recommendation:
Watch for potential selling opportunities on the rallies with the next downside targets at the price of $30.000 and $29.193.
Stochastic is in oversold zone and fresh bull cross, which is sign that there is potential for the rally first and then downside continuation.
Petar Jacimovic
Analytical expert
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