đ $BTC just wrapped up July with a -4.26% weekly candle â the first real dip in weeks. Correction? Sure. But if history rhymes, this could be a third base forming before the next leg up. đ
Letâs break it downđ
đč Base #1: Formed near $77K â Launched to $109K
đč Base #2: Built at $105K-$109K â Blasted to $123K ATH
đč Now? Weâre 4 weeks past ATH, with a new dip.
đ Eyes on $110Kâ$119K zone as potential support.
There's a juicy liquidity cluster at ~$114.5K ($24M in shorts), and if price sweeps that? It could spark the next move. But hereâs the catch:
âVolume's lacking.
âBuy-side is weak.
đ Binance spot orderbook leans toward sellers, and bulls havenât shown real accumulation strength yet.
Until we see stronger bids & green volume stepping in, any breakout setup remains fragile. đ
This isnât FUD â itâs re-accumulation with caution.
Let the market come to you. No need to chase.