Bitcoin (BTC) - July 5 (Expectations for Next Week) (1h)

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It climbed as it broke the 9080 point.

You should see if you can get support at point 9093, the short-term support point on the 1h chart.

Also, we need to see if we can rise above the 9190.5 short-term resistance point in the 1h chart.

What is important in this flow is the fact that it is supported at point 9004.

In order to have the expectation of a rise, you need to get support above 9274.

I think the anxiety about falling should fall below 2K EMA .

(1D chart)
I think the overall flow of BTC is in maintenance.

Fortunately, I'm just above the long-term downtrend line (2), so I think I'm just hoping for a transition to the uptrend.

I think that it is only when you deviate from the downward trend line (3) that you can expect an upward trend.

After the date shown on the chart, you need to make sure you can rise above the downtrend line (3) and point 9209.

Since the movement of BTC is slow, I think that altcoin movement may be active.

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(Binance BTCUSDTPERP 1D chart)
The volatility period around July 3rd (July 2nd to 4th) is over.

We need to see if we can get support at the 9055.07 point and if we can get support at the downtrend line (4).

Unfortunately, it seems to have failed to rise above 9204.

The next period of volatility is around July 8 (July 7-9).

We are able to sustain this period of volatility because we are supported by points above the 8837.10 and above the downtrend line (4).

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(Bithumb BTCKRW 1D chart)

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(USDT Dominance 1D Chart)
The last day of the volatility period, July 2-5, is about to begin.

It is necessary to check if it can fall below the 3.55 point and below the uptrend line (1) by up to July 6th.

If USDT dominance falls, you can say that the funds are buying in the coin market.

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( BTC Dominance 1D Chart)
The BTC Dominance Chart does not indicate the rise and fall of BTC prices, but I think it affects the rise and fall of altcoins.

Accordingly, if the BTC dominance falls from the 6th to the 22nd of July toward the 63.38 point, the altcoins bullish is expected.

This is why you need to check the flow of BTC dominance from July 5 to 23.

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The reason to understand all the above is to judge the flow of the coin market after the altcoins bullish .

This is because, depending on the sideways section of the price of BTC , there may be a change after the altcoin bullish .

I will talk about this while watching the flow.

On the 6th of July, the candle movement of the new 1W chart is expected.

I think there should be a drop for a bigger ascent, and I expect that point to be near point 7757 and up to 6543 points.

If it rises in the 9K range, it is expected that it will not rise significantly, but will fall again or continue to be boring sideways.

In order to grasp the situation more accurately, it seems that you need to deviate from the current sideways.

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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.

Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section


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