BTC

July has just ended, and for the first days of August, we need to focus on very specific price levels because we are currently in the middle of a macro range, and any mistake will be punished mercilessly by the market.

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57K and 71K. These are the price levels that matter right now.

I don't know which level the price will go to first, nor do I care to know. The important thing is that the moment the price is there, at one of the two levels, we will take action.

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While the price is in the middle, we can also look for opportunities, but always being very aware that the risk is much higher here.

Anyway... 61300 is the key. If we see a liquidity sweep and a clear reversal that gives us good confirmation, then we can buy because the price can move quite quickly to the 67k area.

Here in the middle of the range, it's also possible to look for a short position, always with a very clear stop-loss level, as in this particular example.

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In conclusion:

Macro liquidity outside the range at 57K and 71K... High probability for a good trade.

Internal liquidity within the range at 61300... An important level for short-term buying, but with higher risk.

Be careful with short positions within the range, especially if you don't know where to place your stop-loss.

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