The Bitcoin price, completing the month of June with the highest monthly close ever, has led to a bullish confirmation for the price. This close above the $106,000 level suggests that bulls have now pitched their tents above the psychological level of $100,000.
If this low volume continues, Rekt Capital does see some bullish moves in Bitcoin’s future. The first would be a retest of the range high above $102,000 in order to capture more buy-side liquidity for another push. However, if this level doesn’t hold and volume fails to pick up buy-wise, then there is still the risk of losing support and falling toward $93,000.
