$BTC just -1% away from turning August red.
Watching this level closely. One more dip and we flip the monthly candle bearish.
August historically weak for crypto. Not surprised but still matters for sentiment and liquidity.
If we lose this, expect more chop and possibly deeper corrections into September. Bulls need to defend here or we're looking at extended consolidation.
Watching this level closely. One more dip and we flip the monthly candle bearish.
August historically weak for crypto. Not surprised but still matters for sentiment and liquidity.
If we lose this, expect more chop and possibly deeper corrections into September. Bulls need to defend here or we're looking at extended consolidation.