9/7 BTC morning analysis:
No breakout, no big move
Currently trading in a range between 786 and 814
If it breaks above 814, it will likely move toward 830-860
Conversely, if it falls below 786, it may test 740-770
If you must trade, only do short-term quick in-and-out trades. Since the market is mostly range-bound during the day,
and today happens to be U.S. Labor Day, with the U.S. stock market closed, volatility may be limited
Tomorrow night’s New York open is the important time for a potential major turning point.$BTC
No breakout, no big move
Currently trading in a range between 786 and 814
If it breaks above 814, it will likely move toward 830-860
Conversely, if it falls below 786, it may test 740-770
If you must trade, only do short-term quick in-and-out trades. Since the market is mostly range-bound during the day,
and today happens to be U.S. Labor Day, with the U.S. stock market closed, volatility may be limited
Tomorrow night’s New York open is the important time for a potential major turning point.$BTC
