This is $BTC 2 Month Chart.
We closed the purple box below.
If this leads to more downside, the 50 level on the fib puts us at the 54k region.
Following this we could push up the rest of September with continuation in October and then into the US elections that have always been bullish.
Losing 54k could open us up to a potential new local low. My personal bias is that 49k was the bottom.
On lower TFs, liquidity is prominent to the upside to $64k and higher up at $68k. I do anticipate this to be collected, with my first target at 61.3k.
Today might be volatile in NY session since US markets are closed today. Whales will come out to play.
Let’s wait and watch. #Bitcoin
19
302
17
6
6
4