$BTC We are now in the most important month of the year — June. This month is likely to determine whether Bitcoin's major top will form now or later in the year.
Key signals that could indicate a major Bitcoin top is forming:
Exceptional rallies in altcoins
A decline in gold
A Federal Reserve decision to cut interest rates
> ⚠️ This is not financial advice. Always do your own research before making any investment decisions. #SaylorBTCPurchase
The July candle is the key it’s the pivot point where a sharp move is likely to occur.
In my view, if Bitcoin closes the monthly candle on July 30th above $108,300, it would confirm the formation of the red candle I've marked on the chart, with a projected range between $130,000 and $150,000. This candle would spike quickly during the month but retrace before closing, potentially forming the year-end candle.
A new target has also emerged at $169,000, but I remain committed to my original range of $130,000 – $150,000, which represents a move of approximately 16%.
> ⚠️ This is not financial advice. Always conduct your own research before making any investment decisions #MarketPullback
Following a strong upward move and a breakout above key monthly resistance levels,$TRB is now in a critical phase as we approach the monthly close. Maintaining this bullish momentum is essential to validate the breakout.
Price reached a high of $68 before pulling back to retest the key monthly zone between $46.60 and $41.40:
$46.60: Monthly support
$41.40: Confluent weekly/monthly support
Holding above $51 on the close would be a strong sign of strength and continuation. At a minimum, bulls would want to see the monthly close defended above $46.60 to sustain the current structure.
> ⚠️ This analysis is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult a licensed financial advisor before making investment decisions. #TRB #trb👀
Today marks the monthly close. Let’s see what the market will reveal. A close above 109,400 would be excellent. A close above 102,700 is the minimum required.$BTC #MarketPullback