I feel comfortable with yesterday’s, 25th June, #volume of #bitcoin futures
. As shown, contracts expires Fri
. 29th and this is where most likely distribution would happen the most. The down trend started early May and #technically at boundary of wedge
. So far, gives more odds to the upside within 10-days trading at most.
70% UP (Breakout of 6350, spot price)
30% Down (Breakout below 5800, spot price)