Patreon Market Update – July 19th

In my July forecast, I highlighted July 14th–18th as a major planetary window where I was leaning towards a possible market high.The reason: a specific planetary alignment, combined with Mercury turning retrograde on the 17th/18th—historically a classic signal for trend reversals.

At the time, I expected the 17th to be the most likely date for the high.Indeed, we had a lower high on the 17th, but the actual top came on the 14th—right at the start of the window.As expected, with Mercury now in retrograde, the trend has shifted down.Current Market Situation (July 19th):

➡️ Both daily and 4H trends are down, in alignment with expectations.➡️ Price is currently holding at support: $117,747.➡️ Next key support levels (as shown on the chart below):• $114,900• $112,384• $109,896

I do not expect price to go below $108K at this stage.

 Gann angles continue to act as dynamic support and resistance, as visible on the chart.

⏳ Looking Ahead – Next Pivot Date:

🗓️ July 22nd is the next calculated pivot date.If current structure holds, this may align with a potential low.However, if price breaks above key resistance ahead of this date, that would negate the setup and shift focus back to the upside.

🔄 Market Rotation Update:

⚠️ While Bitcoin corrects, Bitcoin dominance is dropping.At the same time, altcoins are starting to pump—this is classic rotation behavior during BTC pullbacks. Watch closely.

More updates coming soon as we approach the 22nd pivot.Stay aligned.— Harmonic Trading Matrix