BTC analysis for July 06,.2021 - Watch for selling opportuniites on the rallies

Technical analysis:

BTC has been trading downside as I expected. The price is heading towards the first objective at $29.000

Trading recommendation:

Watch for potential selling on the rallies with the downside target at $29.000

Bollinger bands are contracting and this is sign that breakout is about to happen....

Resistance is set at $37.000