Looks like $BTC is getting some momentum in the pink parallel channel upwards and now finding resistance at the 200 MA on the daily. We see some bearish divergence witch might bring $BTC back and test the purple resistance line coming downwards. This is also the 0,618 FIB level and the lower support of the pink channel.
If $40k can hold, it will take $BTC to the next resistance cluster at arround $50k at arround 21st of august.
If $40k can hold, it will take $BTC to the next resistance cluster at arround $50k at arround 21st of august.