If we look at the underlying market structure, Bitcoin's structure isn't fully formed yet. There are still unsolved puzzles around 135,000. I believe Bitcoin will finalize its final structure around 135,000, which will be its expansionary structure.
The final candle on this weekly timeframe will determine Bitcoin's direction. This August, Bitcoin will either continue its bullish structure or continue its minor retracement.
Disclamer:Any information provided is for educational and informational purposes only and does not constitute investment advice.
The final candle on this weekly timeframe will determine Bitcoin's direction. This August, Bitcoin will either continue its bullish structure or continue its minor retracement.
Disclamer:Any information provided is for educational and informational purposes only and does not constitute investment advice.
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.
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.