BTC
For this week, the trade with the highest probability of execution in the medium term is this one.
On Wednesday, when the July monthly candle opened, the price swept through the lower liquidity of June and had a considerable bullish reaction.
This gives us a fairly high probability to wait for a pullback below the 0.5 Fibonacci level and look for buy positions between 60500 and 59500, with the main target at the weekly highs of 65620 and 67290.
This trade will be invalidated below 57800.
Remember, this is the main trade for this week.
The stop loss for this trade has nothing to do with the long-term projection, because we know that a drop to 49k is still possible, as we have seen in previous analyses.
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