Bitcoin
Short

A simple scenario for Q4 2023

49
Starting of the month always led me to speculate on possible market scenarios.
Bitcoin looks to me very week, the sell the news event of the last days of August has even emphasize this weekness.
In the study above I analyze a bearish scenario where BTC trend change from bullish to bearish in the next months, I would say in the last quarter 2023.
Using just few simple tools I underline some interesting point in the actual price action of the queen of the cryptos.

What do you think about?

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