BitMidas

Bitcoin Trend Analytics August 3

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC is still in consolidation, breaking up $23743.41 will end the consolidation and go up against $27746.31. Breaking down $21747.08 will prolong the consolidation.

The support of the short-term bulls has diverted to $21747.08 at the beginning of a mid-term consolidation. The strength of bulls and bears is yet to break even.

The crucial range this week is between $25813.19-$21528.20

The key support of the month is between $18207.13-$17643.71. Higher statistic support manifests bullish momentum and a lower level means cautious. It’ll need to be tested and observed on a daily basis.

See detailed tp in the chart.

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