#Bitcoin Update on Wednesday 07.08.2024

7 באוג׳

A.O.A And Good Evening To All Brother and Sisters

#Bitcoin After Recovering a Bit is Rejected From upper side of Yellow Area(Arrow#1)
Now This uptrend was just a retracement after Dump or This was A really uptrend. We can know just When Bitcoin Touch our Support on 4H.(Arrow#2).
Another Way To Know is Fibbonaci Retracement
And on chart i Drawed the Fibbonacci Lines. We Will Follow These Lines.

Whats Next?
In case if Price Break Support Line then we Have another Two Supports. (Arrow#3.#4).
Most Proberly The Price will Hit Fibb Level 50%. and then go Back.

#ALTS.
Our Trade on #Bitcoin Hit Stoploss. and all Our Alts trade Follow it. we are again near Entry level. I Suggest to Move Stoploss
on all Alts on BreakEven. and Wait For Bitcoin Direction.

I Wish You All Very Nice Evening