After pulling up from August to above 81,000, it gave back; now it's back around 77,000.
The daily moving-average structure hasn’t broken yet, but in the short term it’s still just a range of 75,000 to 82,000.
On the contract side, don’t use high leverage to gamble on direction at this level.
First, see whether 75,000 can hold; then wait for the September 4th non-farm payrolls and the September 16th FOMC.
$BTCUSDT #Binance Contracts #Bitcoin$BTC
The daily moving-average structure hasn’t broken yet, but in the short term it’s still just a range of 75,000 to 82,000.
On the contract side, don’t use high leverage to gamble on direction at this level.
First, see whether 75,000 can hold; then wait for the September 4th non-farm payrolls and the September 16th FOMC.
$BTCUSDT #Binance Contracts #Bitcoin$BTC
