Here's Idea on how BTC can go in upcoming days. BTC is above daily 200 EMA and strong support is around $40600. It breaks from here next support is around $33400. BTC had broke resistance of $48900 but could not survive on retest and dropped around $40000. We are still in uptrend as per daily timeframe, but monthly closing is quite crucial. I suggest not to trade much until September end. Trade Less and Stay Safe.
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Still BTC hasn't loose it's daily support around 40600 as said earlier. Waiting for month end. If BTC stays above $40000, we can see rally up to $55000 in fortnight of October 2021.
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Idea for BTC worked very well. Reached $48850.
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BTC made a high of $51900 in spot on Binance.