$BTC - Maybe not, But a Warning that Bitcoin could get to 20k

BTC/USD COINBASE:BTCUSD

Tedzily

What would I do if I were an algorithm trying t take other people's money. Well, considering most people in this chat are extremely bullish at this price, I hate to be the bearer of bad news, but all the open Fair Value Gaps got me wondering "how much longer until it hits that Fair Value Gape near $20k...... so #SMT - Smart Monet Theory would suggest BTC would get as low as 20k. I've been saying this for a while but it was finally time to out it on a chart to show people. I personally got out at 57k and I have made some trades, but I'm not HODLING any unless there's 3% or more Staking for BTC somewhere, I think a few might have or lending which is good if you are going to hold them. I'm now. Bitcoin is not like a stock, it's a currency like forex. Anyway, everything is written on the chart, I would personally try to short BTC from now of the 4 entries mentioned down to the 20k take most off, put your stop loss at a good level and let the other shorts go in case it does end up going shorter. But I think staying below 20K was way too long snd now it'll just touch it. Could possibly drive everyone nuts by being between 20 and 25 for bout 6-8 weeks, but then we know that gotta be accumulation, I'd start checking the open interest and the volume of the Bitcoin Futures to see when we could see movement. Bitcoin futures show they added longs last week and we didn't see it go that way. Maybe We could be reaching d) on this chart.



Well to everyone,



good luck and good trading.
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💡 S&P500: analytical review for June 28-July 2.

S&P 500 CURRENCYCOM:US500

Forex_Times

📌 The market maker balance level (4200.0) was successfully tested during last trading week with a false breakdown.
Large participants stealthily sold, reducing the bulls' net outperformance by 39%.
A 51% increase in locked-in investor positions suggests the probability of asset price movement in the price channel during the new trading week.
📝 The main scenario for next week is a retest of the market maker balance (4240.0) and a subsequent rise to the market maker loss (4239.9).
In case of breakdown and fixation above the option price level at 4239.9, we expect a continuation of long term growth with medium term target,- hedge zone (4350.5).
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📌 Gold: weekly options analysis for June 28-July 2.

Gold OANDA:XAUUSD

Forex_Times

Over the last trading week, the net outperformance of buyers on current CoT reports decreased by 20%.
Market volume decreased by an additional 8% to a cash equivalent of $225bn 865m.
📝 The number of locked-in investor positions at the same time increased by 1%, which gives us reason to speculate about a possible corrective decline in gold prices during the first half of the new trading week.
In case of a successful test of the hedge zone (1800.00), we expect a further decline before the close of the trading week with a target of $252 million (1750.00) upside position gains.
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✍️ EURUSD: 28.06-02.07.2021 targets.

EUR/USD OANDA:EURUSD

Forex_Times

Over the past trading week, the net outperformance of the buyers has decreased by 23%.
🌐 The continuation of the daily decline further confirms the 1% increase in market volume .
A likely flotation within the price corridor over the coming week suggests an increase in locked-in investor positions of 3%.
The nearest medium-term resistance is the weekly balance (1.1953).
👉 In case of a successful test of the weekly balance (1.1953) we expect a decline with the target being the loss of the market maker (1.1873).
In case of breakdown and fixation below 1.1873 the hedge zone (1.1843) is the subsequent support in trading within the trading week.
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