BTC July/August Top

Jun 15

3 Drives Pattern (Mar 2024, Jan 2025)

Last Drive in July/August but leaning towards July

June 19th - 22nd for potential impulse

June 27th/28th for a local top into Early July Bottom | if Price is Bearish into these dates then Local Bottom

July 17th to 24th for Summer Top

Aug 3rd to 11th for a potential Local Bottom

Expected Top is 120k and up (Can be seen on Fibs) | 135k would be ideal

Jun 15

Trade active

Late June into Early July will heavily influence probability of a July Top.

Reason: April 7th Bottom, May 6th Bottom, June 5th Bottom

Assumption: Pattern continues and we get a Local Bottom between July 4th/5th into a Late July Top

Break of Pattern likely invalidates this idea/trade

Jul 9

Note

Small Change to Plans:

Leaning towards more a Late August/Early Sept Top based on Historical Trends

Any Top in July will be a local one, not Major.

Still Bullish for July/August

Jul 16

Note

121 Target Reached

Next Target is 138k (1.618 FIB) and up to 161k (2 FIB)

Taking some Profits around 148k - 150k would be smart.

Would match the Ellipse from Mar, Dec and Jan Top

Aug 28

Trade closed: target reached

Can consider this idea closed.

didn't hit the Target I wanted. was a Marginal High in Aug but overall idea was solid

Congrats to whoever followed along

Hope you made Bank🙂