Hi guys, On Tuesday, July 21th, 2021 Bitcoin pumped up to 32,800 from 29,300. I made a post about it that the day traders have to take profit at the high 32,800. I think today BTC is going to plunge to give the opportunity to the buyers to buy more. I, myself HODL and prepare to buy when I will find the opportunity after this pullback.
Probably it will go down to 30,000 around. If 30,000 can't handle the market so it will go down to 28,000. In this case, Tuesday's bull cycle was a bull trap as @cryptomayo thought and almost all of the traders did not see any bull run signal. Hopefully, the market allows us to buy some crypto this week. My expectations should be on Friday or Saturday to open the position and close it by the middle of August.
This is my own opinion and thought about the crypto market for this month. I mean, I am bull for 3 weeks around behind the scene.
It's not financial advice.
Can you share your thought about the market today? Does BTC is going to give the opportunity to buy?
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