WickFillerDude

BTC outlook for 8 July 2022.

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC made a nice break out to the upside and is currently rejecting the next major resistance area around 22,5k. This is what I'm looking out for over the next few days:

1) BTC continues pushing upwards and breaks above the next major resistance zone around 22,5k to confirm the break out of the wedge.

2) BTC makes a retest on the wedge before rejecting it to continue pushing upwards.

3) If BTC manages to close back within the wedge, a fake out occurred and I expect BTC to retest the major support zone around 19k.

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