Sunday Prep 8/22 - $BTC

Bitcoin staying bullish here with continued higher lows followed by higher highs. We are now testing that ever-so important psychological level, 50k. If they can get through here and continue to push, the next area of interest is the quarterly pivot at 57k which is a retest of the last long trigger it had before the big fail that resulted in the crypto rolling over. On the downside I see the annual pivot/monthly pivot/200d /20d area as an area of very high probability support. Very interested to see what happens moving forward as some of the crypto-related equities have began to shape up for some possible trades as well. Those would be names such as $MARA, $RIOT, $COIN, $CAN, $SOS, etc.


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