Bitcoin is set to continue growing in the month of July.
We are experiencing a short-term, normal, weak retrace which is completely good and healthy for Bitcoin and the Cryptocurrency market as a whole.
The longer Bitcoin consolidates around 30K, the stronger this level later becomes as support.
The RSI hit oversold on the 1H timeframe which is normally a reversal signal. Beyond this, we have a wide-range, $29,500 - $31,500, for sideways action short-term.
✔️ Trading within this range is ultra-bullish. ✔️ Even above $27,500 is super bullish...
When in doubt, look around! Many Altcoins continue growing and breaking out.
This is normal price action and we can expect Bitcoin to continue with its growth.
See this trade idea for more information, "corrections and retraces can be used as an opportunity to buy-in, rebuy and reload..." See below!