BTC Update 07/01/2024, 60705(+0.5%)
Journaling days: 79
BTC printed its lowest 60705 at 12:22/06/30/24
BTC printed its highest 63058.5 at 06:03/07/01/24.
Journal time: June 30th-July 1st. 7am-7am UTC+7.
The gap from the lowest to the highest is +3.87%. The current session's BTC lowest level is +0.50% compared to yesterday's lowest price.
BTC Prediction for 07/1-07/02
Short target: 63810/ SL: 67001/ TP: 62851
Long target: 60695/ SL: 60087/ TP: 61606
After calculating all the risks, the projection is valid from 12:00 UTC+7, 07/01 and expires at 07:00 a.m. 07/02/24 UTC+7.
Bias: Bearish
I would select the Short target (63810) if I have to choose one of the options above.
BTC Prediction for 06/30-07/01 (#Update)1
Bitcoin crossed the "short" target 61242 at 14:02 of June 30th (UTC+7) and 2 minutes later, aggressively, leaving the line a drawdown of 0.80% and under an hour. Until 09:04 of July 1st, the short position already carried a drawdown of -4%. In this session, I set up a Stop loss (5%) and currently hoped for the best.
#1. Drawdown: -2.88%