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- 💙 Gate Square #Gate Blue Challenge# 💙
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$BTC
But as you know, I am bullish biased for this month (impulsive stage), which means I think the probabilities are even more skewed towards the bull case.
In case the monthly low holds (which seems likely), we see that:
- 90% of bullish months see enough bullish displacement to make it to 124k
- 80% of bullish months see enough bullish displacement to make it to 126k
- 70% of bullish months see enough bullish displacement to make it to 131k
The monthly low doesn't have a big wick (25th percentile of small wicks), which you usually see at big expansion candles.
All in all, I'm liking the odds of further upside throughout July (which has been our bias since the start of this month).