Bitcoin has a certain relationship with the Chinese stock market, the rapid growth of the latter in the firstdates of July, was a confirming factor in favor of the upward trend in BTC, which was predicted more than once earlier.
At the moment there is an interestingformation, after breaking through significant resistance levels upward, the Chinese stock market and BTC tested them as support, the so-called retest, which implies continued growth in the medium term.
I assume that the range of $10,000-10,500 for BTC will be an excellent opportunity to increase a long position
Subscribe to my telegram channel
Read this:
The S&P 500 index will become a catalyst for the growth of the Bitcoin rate
TOP 5 fundamental reasons for the growth of the Bitcoin exchange rate in May
China will be the main catalyst for the growth of the cryptocurrency market
Mark Kyuban again compared Bitcoin with bananas - in favor of the latter
Admiral Markets Blog | Price Action: Rollback-confirmation pattern – complete guide
Bitcoin goes into the phase of parabolic growth