After further review and checking out a few other ideas, I think BTC might not be in the specific phase of markdown I thought it was in. So just in case this is my bearish idea. There could be a possible double bottom formed to wick up to around $22,333. It looks like it could get invalidated if BTC drops below $21,000. If prices drop to lower levels, I would say Mid to Late September would be a good time to buy for a swing trade.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.