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Big Crypto Change On July 31

July 1, 2023  |  Steven Place
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This morning, I took a screenshot of Bitcoin’s key decision zone.

It’s developing at around $32,000, close to the resistance level earlier this spring.

We’re returning to this zone and could see a catalyst by July 31st.

That’s the day the Chicago Mercantile Exchange (CME) — the marketplace where the world manages risk — launches a new futures product that allows you to trade the relationship between Bitcoin and Ethereum in a regulated environment.

The way the market structure is set up, a push above $32,000 is possible.

And my analysis suggests the July 31st event could create new profit opportunities.

We already saw a 95% return on MARA, and a few days back, I had an interview with the CEO of a crypto play with leveraged upside potential if Bitcoin hits $32,000.

I’ll bust out my pompoms and look for a multi-week runner to peel more profits into.

But if you’re unsure where to start, see a breakdown of our entire process here.

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Steven Place
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