Do you agree with 29,3k as the dip for the previous bear cycle? Agreeing with it or not will not change the market sentiment and direction. At the time of writing, we see that BTC jump up to 31k around from 29,3k low with the dominance 5,5% in the past 24h, and breaks the resistance all the time. Did you miss the dip?
As I told you last week that this week should be an amazing week for the Crypto HOLDERS and buyers. In my own opinion, 29,3k is a dip for this monthly bear cycle. In case you miss it, stay tuned for the correction soon. Probably, Bitcoin retest 30,5k low to allow us to buy again during this bull cycle, If we missed a 29,3k dip close the bull cycle for the July Bull cycle and the beginning of the August bull cycle.
I wanna leave my prediction which is not financial advice. Probably, BTC will hit 41k again. I think BTC hit it in the middle of August. Normally, the market allows us to buy some crypto this week.
Happy trade everyone.
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