【W bottom completed—this time BTC is following the textbook】
In the early morning of July 3, BTC was at $61,500.
Let’s go back to July 1:
That day, BTC dropped to $58,700—only $500 away from the W-bottom support at $58,200. Everyone was worried.
Two days later, today, let’s go step by step and review how this structure played out:
✅ $58,200 W-bottom support—held
✅ $59,778 SuperTrend pressure—broken through
✅ $60,000 psychological level—broken through
✅ $60,800–61,000 W-bottom neckline—breakout confirmed
🎯 Now at $61,500, the technical target $63,000+ is opened
This is the standard way the W-bottom structure moves:
Two dips to the same support without breaking it, then breaking through resistance step by step until the neckline is confirmed—
after that, the upside potential equals the upward projection above the bottom-to-neckline distance.
What’s most worth watching today isn’t just BTC:
📊 Today’s gain
• ETH: +5.0% ($1,615 → $1,695)
• SOL: +4.5% ($77 → $80.5)
• BTC: +2.2% (benchmark)
ETH and SOL both outperform BTC today—this is a signal that capital is starting to rotate into altcoins.
Gold at $4,125 continues upward, approaching the 4-hour SuperTrend pressure level of $4,147.
Today is the day before the U.S. Independence Day (July 4). U.S. stocks trade for a half day, and liquidity is relatively normal.
👉 How high do you think this BTC move can go? $63,000, or higher? Let me know in the comments.
(Personal opinion, not investment advice)#比特币经历2022年来最差上半年
In the early morning of July 3, BTC was at $61,500.
Let’s go back to July 1:
That day, BTC dropped to $58,700—only $500 away from the W-bottom support at $58,200. Everyone was worried.
Two days later, today, let’s go step by step and review how this structure played out:
✅ $58,200 W-bottom support—held
✅ $59,778 SuperTrend pressure—broken through
✅ $60,000 psychological level—broken through
✅ $60,800–61,000 W-bottom neckline—breakout confirmed
🎯 Now at $61,500, the technical target $63,000+ is opened
This is the standard way the W-bottom structure moves:
Two dips to the same support without breaking it, then breaking through resistance step by step until the neckline is confirmed—
after that, the upside potential equals the upward projection above the bottom-to-neckline distance.
What’s most worth watching today isn’t just BTC:
📊 Today’s gain
• ETH: +5.0% ($1,615 → $1,695)
• SOL: +4.5% ($77 → $80.5)
• BTC: +2.2% (benchmark)
ETH and SOL both outperform BTC today—this is a signal that capital is starting to rotate into altcoins.
Gold at $4,125 continues upward, approaching the 4-hour SuperTrend pressure level of $4,147.
Today is the day before the U.S. Independence Day (July 4). U.S. stocks trade for a half day, and liquidity is relatively normal.
👉 How high do you think this BTC move can go? $63,000, or higher? Let me know in the comments.
(Personal opinion, not investment advice)#比特币经历2022年来最差上半年