Technical analysis by MladenJelic about Symbol BTC on 7/1/2024
https://sahmeto.com/message/3361545
BTCUSD mid term view, bearish formation
Neutral
Price at Publish Time:
$62,862.19
BTCUSD resistance at 63.000 usd. Resistance line is on the picture. Price need pass this line but there is no power to do it. If price want to 100.000 usd from this price, market need 840.000.000.000 usd. Total market is now at 2,32 T and market just for grow of BTC to 100.000 usd needs 1 T dollars. In my opinion it is possible but not now. Maybe at end of next year.
Source Message: TradingView