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📅 July 3, 7:00 – July 9,
While the weekly trend suggests potential upward movement, as indicated by the temporary surpassing of the Back-Up-Against Creek [BUEC] zone with significant trading volume, the daily timeframe presents a different picture. The lack of clear direction on the daily chart, with #BTC price remaining stagnant above the Buying Climax [BS] zone of 31015-29885, indicates a possible decline in interest. According to the Wyckoff logic, a significant retracement to the Ice zone [27265-26970] on the daily chart is likely in the future. However, considering the time it took for Bitcoin to reach its current price, this retracement may not occur immediately. It might be delayed until more struggles and conflicts are observed within the daily BS zone.