Market Analysis of BTCUSDT on Monday 1 JULY 2024

2024-07-01 12:40Fonte:BtcDana

BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW

   

 BTCUSDT running in positive trend and its immediate strong support are 61140 to 62850 level .  Stop loss is 60000 level and it can rise towards 72000 level   .Intraday purpose buying is better for targets 63600,63800 and 64000 levels respectively with stop loss 60000 level .


QUICK FUNDAMENTAL LOOK

                                                           

Bitcoin miners are currently facing significant “capitulation,” pushing them to innovate for additional revenues.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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