BTC at the crossroads
We're entering a very important phase, on which a lot will depend. To continue the bull move, a volumes inflow and a reversal, at least a local one, is extremely necessary. If we don't keep 24700-24800 as support until the end of October, in this case there will be a lot of pain and blood among the bull population. I even admit the update of the November,22 low. At the lower level of ~19200 there is PoC and SMA400. Respectively, with negative scenario, I count on their support. August 25 Powell's speach. So this time his speech will be very important one.
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