Bitcoin Price and Trend July 8-2024

Today is July 8, 2024. This morning, when I checked the latest Bitcoin price chart, I connected the price lows as instructed in the ebook and noticed that Bitcoin has formed a new wave structure. I hope that tomorrow or the day after, the price will touch the trend line I've drawn, creating a new wave leg, initiating a new uptrend cycle.

If you visualize it in an arc pattern following the wave structure, this could potentially confirm the bottom of the second wave cycle. Will this touch point trigger a bullish rally as per my technical analysis? Or will the price continue its previous pattern, bouncing off the trend line support and heading towards the 52,800 mark?

I can't say for sure; we'll have to watch the actions of the whales and sharks. How will they draw the price lines?

That's all for my update. Subscribe to the channel to receive more valuable videos based on the methods in my ebook soon. Goodbye, and see you in the next videos.
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Video also in Odysee: https://odysee.com/bitcoin-price-and-tend:26bba150b55241469a4e6e64529817e0907828a0