Market Analysis of BTCUSDT on Tuesday 2 JULY 2024

2024-07-02 12:19Fonte:BtcDana

BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW

   

 BTCUSDT running in positive trend and its immediate strong support are 62283 to 62808 level .  Stop loss is 62000 level and it can rise towards 64200 level   .Intraday purpose buying is better for targets 63150,63250 and 63400 levels respectively with stop loss 62000 level .Wave 3 is running and it can also jump towards 72000 .


QUICK FUNDAMENTAL LOOK

                                                             

A quant has explained how a rally could be possible for Bitcoin in this third quarter of 2024 as miner selling pressure has disappeared.


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

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