BTC Update 07/28/2024, 66625(+1.4)🔴
Journaling days: 106
BTC printed its lowest 66624.5 at 03:25/07/28/24
BTC printed its highest 69381.7 at 21:04/07/27/24
Journal time: July 27th-July 28th. 7am-7am UTC+7.
The gap from the highest to the lowest was -4.13%. The current session's BTC lowest level is +1.42% compared to yesterday's lowest price.
BTC Prediction for 07/28-07/29
Short target: 72043.0/ 2nd:75649/ TP:69160 (4%)
Long target: 66613/ 2nd:63281/ TP:68612 (3%)
After calculating all the risks, the projection is valid from 17:00 UTC+7, 07/28 and expires at 07:00 a.m. 07/29/24 UTC+7.
Bias: Bearish
I would limit buy 72043 if I had to choose one from the two choices above.
BTC Prediction for 07/27-07/28 (Take Profit, +1.5%)#1
Stat: Short target: 68470/ 2nd:71894 / TP:67441(+1.5%)
The short target (68470) was breached on July 27th, 20:09, and from there, Bitcoin continued printing a drawdown of -1.33% when it hit its local high of 69381.7 at 21:04. Setting 2nd position instead of a stop loss was correct. From there, however, eventually, Bitcoin moved in the direction I desired when it printed a low of 66.650 at 03:25 (July 28th), crossing my take profit target of 67441 that Bitcoin made in 03:20. It was a surprising move I did not anticipate to be honest.