BTC outlook for 1 July 2022.

١ يوليو ٢٠٢٢

Looking at how BTC closed off the daily bar yesterday we can see that BTC has formed a strong support zone around the 19k level which it has retested and respected multiple times. The 4h chart is showing a wedge being formed, I expect a break out to come soon and looking at the bearish momentum we have been experiencing my bias has to be bearish for the near future as well.