August 25th BTC market analysis $BTC
BTC weekly line opens higher. Key support below: 77644
Intraday support: 78300-78057
Currently the 4-hour chart is at a high level, with a risk of a pullback
But overall the structure is very strong, and there is a high likelihood of correcting the line without changing the price
Price is consolidating at the high level. The MACD returns to the zero axis, and there is a direct rebound
So intraday, the focus is still on going long on dips:
Support given in the live room below:
78309 78057 77644
Key resistance above: 81700 82217
82000 is the BTC key weekly meridian line. If it breaks through ~~ the market may reverse and end the bear market
BTC weekly line opens higher. Key support below: 77644
Intraday support: 78300-78057
Currently the 4-hour chart is at a high level, with a risk of a pullback
But overall the structure is very strong, and there is a high likelihood of correcting the line without changing the price
Price is consolidating at the high level. The MACD returns to the zero axis, and there is a direct rebound
So intraday, the focus is still on going long on dips:
Support given in the live room below:
78309 78057 77644
Key resistance above: 81700 82217
82000 is the BTC key weekly meridian line. If it breaks through ~~ the market may reverse and end the bear market
