BTC CME Bitcoin Futures Daily Chart Analysis: 2026-Jul-08 07:01 CT

Price Action

Last: 62600,
Bars: Large,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: -12%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Jul

Intermediate-Term
MSFG Current: 24%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: -97%
F0%/NTZ' Bias: Price Below,
YSFG Trend: Down.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt High 64770,
4. Pvt. Next: Pvt Low 59060,
5. Levels R: 130615, 119545, 100245, 83880, 67700,
6. Levels S: 57850, 56230, 53905, 47535, 45935.

Daily Benchmarks

(Short-Term) 5 Day: 61720 Up Trend,
(Short-Term) 10 Day: 61145 Up Trend,
(Intermediate-Term) 20 Day: 62690 Down Trend,
(Intermediate-Term) 55 Day: 68770 Down Trend,
(Long-Term) 100 Day: 71465 Down Trend,
(Long-Term) 200 Day: 85650 Down Trend.

Additional Metrics

ATR: 1025,
VOLMA: 15061.

Recent Trade Signals

08 Jul 2026: Short BTC 07-26 @ 62185 Signals.USAR.TR120
08 Jul 2026: Short BTC 07-26 @ 62110 Signals.USAR-WSFG
07 Jul 2026: Long BTC 07-26 @ 64110 Signals.USAR.TR720
02 Jul 2026: Long BTC 07-26 @ 61265 Signals.USAR-MSFG

Overall Rating

Short-Term: Bearish,
Intermediate-Term: Neutral,
Long-Term: Bearish.

Key Insights Summary

BTC futures are in a sharp downside swing from the recent 64770 pivot high, with price back under the 20-day benchmark and pressing through the lower monthly NTZ area. Short-term structure remains DTrend with lower highs and lower lows, while the weekly fib grid is below F0% and aligned down. The monthly fib grid is still constructive overall, but the latest selloff has pulled price back into a retracement zone after a strong rally and rejection near the upper band. Long-term structure stays bearish with all major benchmarks from 55-day through 200-day sloping down, and the current tape reflects fast momentum, elevated range expansion, and active downside continuation after a failed recovery attempt.