📊 #Bitcoin $BTC Sitting at Critical Support
Price is testing the support area around $62,500 and also the broken trendline from the July peak.
If it manages to hold that area, a bounce higher is likely to take place in the coming days.
The bounce will likely stay within the same previous range since last month.
Can the bulls create a higher high before the end of the month, or is the daily bounce already done?
#Crypto #Trading #ElliottWave
Price is testing the support area around $62,500 and also the broken trendline from the July peak.
If it manages to hold that area, a bounce higher is likely to take place in the coming days.
The bounce will likely stay within the same previous range since last month.
Can the bulls create a higher high before the end of the month, or is the daily bounce already done?
#Crypto #Trading #ElliottWave