BTC breaks the bottom and turns back

Original link: https://muyexi.im/btcpo-di-fan-fu-pan/

Affected by the Binance lawsuit , BTC fell below $26,000 in mid-June. On the weekend of the 18th, the price pulled back above the neckline and turned over.

BTCUSDT_2023-07-07_19-24-56_ec518

I have been paying attention to related stocks in the US stock market, such as MARA and MSTR, looking for opportunities to go long, and both of them are in a convergent triangle at this time.

MARA

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MSTR

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On Monday 19th, the Independence Day holiday, US stocks are closed. On Tuesday, MARA opened higher and then dropped -1%. I did not buy it. MARA followed BTC and closed up +17% that day.

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As of July 7, MSTR has risen by 27%, and MARA has risen by 50%.

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