BTC Update 07/04/2024, 59300(-4.2%)🔴
BTC Update 07/04/2024, 59300(-4.2%)🔴
Journaling days: 82
BTC printed its lowest 59299.5 at 04:01/07/04/24
BTC printed its highest 62278.2 at 07:33/07/03/24.
Journal time: July 3rd-July 4th. 7am-7am UTC+7.
The gap from the highest to the lowest is -5.02%. The current session's BTC lowest level is -4.21% compared to yesterday's lowest price.
BTC Prediction for 07/04-07/05
Short target: 62289/ SL: 62912/ TP: 61353
Long target: 57601/ 2nd : 54719/TP: 60482
After calculating all the risks, the projection is valid from 16:00 UTC+7, 07/04 and expires at 07:00 a.m. 07/05/24 UTC+7.
Bias: Bullish
I would select the long target (57601) if I have to choose one of the options above.
BTC Prediction for 06/30-07/01 (Take Profit)#Final
At 15:59, July 3rd, UTC+7, Bitcoin crossed the "take profit" target from a short trading I opened on June 30th. Setting the 5% stop loss was luckily profitable. I mention Lucky because I have no idea if the same setup would work today or tomorrow. Meanwhile, I hope to understand more about Bitcoin market behavior over time and use the knowledge as a lifetime skill I can continuously utilize, improve, and profit from.
#4. Take profit: +1.5%
#3. Drawdown: -1.66
#2. Drawdown: -4.08%
#1. Drawdown: -2.88%
From opening to closing the trade required:
3 days, 1 hour, 57 minutes or,
3,0813 days or,
73,95 hours or,
4437 minutes or,
266220 seconds.