#BTC/USD Quick Update
📊 4H-Frame 📉 S & R 📈 Chart Update
#Trading
Yesterday Bitcoin lost 10%. No matter how much you trade crypto, these moves always take you by surprise. Especially after 3 weeks of narrow range choppiness.
#Bitcoin #Market didn't make any high volatility as usual on the weekend. We can see the maximum bounce 22.1-23k range. If the BTC pumps above it then the bearish move will be invalidated. If not, we will see crypto follow stocks correction and for BTC it means downfall till the middle of September when ETH merges and pumps the market regardless of stocks or anything else, just like it happens after each BTC halving.
📈 Resistances: 21666 - 22700 - 23500
📉 Supports: 20700 - 20000 - 19200
📊 4H-Frame 📉 S & R 📈 Chart Update
#Trading
Yesterday Bitcoin lost 10%. No matter how much you trade crypto, these moves always take you by surprise. Especially after 3 weeks of narrow range choppiness.
#Bitcoin #Market didn't make any high volatility as usual on the weekend. We can see the maximum bounce 22.1-23k range. If the BTC pumps above it then the bearish move will be invalidated. If not, we will see crypto follow stocks correction and for BTC it means downfall till the middle of September when ETH merges and pumps the market regardless of stocks or anything else, just like it happens after each BTC halving.
📈 Resistances: 21666 - 22700 - 23500
📉 Supports: 20700 - 20000 - 19200