$BTC | Daily: August Plan:

This month looks like we’re heading for some sideways. While many were hoping for a pump to 80k after the monthly close, but, we've seen a dip down to 50k instead.

Both weekly and monthly charts are currently bearish. BTCUSDT Bears in control until bulls break 65k. Don’t expect a quick pump or dump; patience is key!

Key levels to watch:
  • 60k - HTF Resistance +0.5 Fib
  • 53k - July Low & 50EMA support (weekly)
  • 49k - Current Low
Bitcoin (Cryptocurrency)BTCbtcusdanalysisBTCUSDTChart PatternscryptoTechnical IndicatorsWave Analysis

Also on:

Disclaimer