BTC Analysis 8.08.2021
BTC is bullish since 20th of July. For a healthy trend and because it hits the weekly 45k resistance area, a retracement to 41k or 39k would be helpful (after which uptrend or consolidation - A, B).
Going under 37k is a bearish signal (C, lower chances) and a rise above 45k plus a bounce in the 45k area is a very bullish signal (D).
Going under 37k is a bearish signal (C, lower chances) and a rise above 45k plus a bounce in the 45k area is a very bullish signal (D).
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