4 weeks ago
12
Key Takeaways
- 0.5 Fib, 50-month SMA, channel base align near $64,881.
- Bitcoin sits at $64,142.39 as July candle develops.
- Cardone Roadmap: Stair-step targets $55K, $52.5K, then $40,000 before November.
- Cardone Capital holds over 2,700 BTC across active funds.
- Monthly close above $64,881 or below $63,000 could resolve setup.
Where Price Is Sitting
Three long-term levels are stacked within a narrow band on the monthly chart shared by analyst Filip Vantchev, owner of Coindoo, on July 10:
- The 0.5 Fibonacci retracement at $64,881.98, measured from the cycle low of $3,466.74 to the cycle high of $125,761.31.
- The 50-month simple moving average, which sits inside the same zone.
- The lower boundary of the long-term ascending channel drawn from the 2020 lows.
The current monthly candle prints around $64,100 at the time of writing, roughly $740 below the 0.5 Fib and touching th...
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