Bitcoin
Short

August 21, 2022 BTC short term outlook

392
A short term analysis and projection on Bitcoin price movement leading to mid September.


  • high probability for downward move
    lowest level 17K
    downward sideway movement leading to September
    this is supported by RSI breaking ascending trend line (repeating pattern over four price movement
    also supported by CM MACD crossing and printing red histogram for an average of 11 days (repeating pattern)


read the blue call outs on the chart (1 - 2 - 3) , and then read the orange analysis box.

leave a comment, would love to hear your thoughts as well :)

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