BitMidas

Bitcoin Trend Analytics August 16

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Yesterday BTC held the short-term bullish support. Short-term bulls continue.

(Notice that, if the support is not broken, the price could bounce up higher; if it’s broken and becomes a resistance (4-12h), the price could plunge)

The major resistance of the short-term bullish trend is at $25395.34, breaking up which could open up more space above.

Short-term key supports are at $22692.18, $21869.54; mid-term key resistance: $27831.83

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