- Bitcoin is currently trading at 59000$ and we have the August monthly closing tomorrow
- Bitcoin has a Fair Value Gap ranging from 62,500-61,000$
- Bitcoin is currently chopping getting distributed and then showing small recoveries which has changed BTC's trend to bearish more HL HL followed with LL LL
- To flip the current trend we need a strong weekly closing...
25200 level is imp if sustains then possible bounce to 28300 - 29400
If 25200 breaks and becomes resistance than 📉 📉 📉 17150 ( 21 -28 Sep )
Disclaimer:
It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.