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.
