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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.