BTC Update - Aug 25 2024
Following previous analysis regarding BTC's trading range and after Powell's Jackson Hole speech #BTC pushed through 61,800 level and the supply zone in one bullish 4H candle which resulted in some heavy pumps in altcoins.
As just mentioned on Aug 25th, 64,650 - 65,680 zone is an important zone which has already stopped BTC from rising any further.
BTC is expected to drop from this zone or the 68,000 - 70,000 zone according to the drawn scenarios.
As just mentioned on Aug 25th, 64,650 - 65,680 zone is an important zone which has already stopped BTC from rising any further.
BTC is expected to drop from this zone or the 68,000 - 70,000 zone according to the drawn scenarios.
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