$BTCUSD: A (i) up – (ii) down Long Setup

  • CastAwayTrader
  • July 6, 2025
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$BTC #BTC #Bitcoin

On July 3rd I warned subscribers of my Premium Chat room:

“We can see a corrective pullback down to 107,600, probably the last chance to buy a pullback.”

Bitcoin, 120 min chart, posted on July 3, 2025

Over the weekend bears pushed bitcoin down to the Green Box as we expected. BTC kissed the upper boundary of the Green Box and turned back up strongly.

We can count that sharp and quick drop down to the Green Box as a subwave (c) of a corrective wave (ii) down shaped as a very bullish Running Flat structure.

This is how that chart looks liek now:

BTCUSD 120 min

Here Bulls got as very bullish (i) up, (ii) down long setup that allows them to produce the first leg up in a subwave (a) of wave ( iii ) up targeting 114,870 with potential extension up to 117,100 – 118,700.

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$BTCUSD: A (i) up – (ii) down Long Setup

$BTC #BTC #Bitcoin On July 3rd I warned subscribers of my Premium Chat room: “We can see a corrective pullback

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