Weekly outlook August 26-30 $BTC
Exercise with caution on BTC. We are still below the 20 W EMA, and below a daily trend line of 70k. However we are back above the daily cloud. From a technical standpoint, its quite mixed and Risk/Reward is not favorable here imo. Waiting for the breakout above 70k would be the ideal move since 
BTC has been in consolidation for some months now.
BTC has been in consolidation for some months now.
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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.