IBIT

Let's review the upcoming month of July for Bitcoin movement. It is clear that most of the large contracts are betting on an upward trend.

Chart for the first week of July

The green line represents the current price.

The lines are called the gamma and represent the net liquidity direction of the contract.

The right side indicates upward contracts and the left side indicates downward contracts. We notice that there are no downward contracts above the price 60$BTC