#BTCBreaksATH
Update: Bitcoin and Ethereum (Thursday / July)
Bitcoin: If the hourly candle - any hourly candle and this is the only condition - closes below the red line, it will have turned negative on the smaller timeframes and will drop between 108 / 107.500 ..
Ethereum: It is essential to break the red line above with strong momentum; it is not necessary to have a close above it, breaking it with high momentum is enough .. This point is very close; if it does not break it, it will face a correction below the blue box.
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The statement:
The larger timeframes - even the 6-month timeframe - are positive, and the medium and small timeframes do not show confirmation of the direction yet; however, there are still many large sellers quietly selling (you can refer to the VBSM indicator to confirm)
The road to 116/120 thousand will not be easy!