I am definitely bullish on $BTC

29 באוג׳ 2021

BTC still struggling out to break the daily resistance zone but still managed to hodl above the $46,850 level working as support.

The daily candle also didn't give a close above $49,500.

Now, #BTC respecting the 100-period Moving Average as a support, which is bullish.

Overall it feels like Bitcoin wants to form a new local high.

We might revisit some very local supports, but still, the main motion should be upwards.