$BTC

📊 BTC Market Update – 17/8

BTC has been fluctuating but is showing signs of gradual recovery. If momentum continues, we may see a move toward higher resistance levels later this month. Key areas to watch:

👉 Potential Trading Plan (Personal View)

Long BTC

Entry: 117k6xx – 117k2xx

Stop-Loss: 116k6

Take-Profit: 118k8 – 119k

📌 For traders holding short positions near 123k, consider reviewing your strategy, as market sentiment is shifting toward recovery.

⚠️ This is not financial advice. My personal market outlook — always do your own research before trading.

Neutral BTC market update with possible trading scenarios and risk levels.

Where do you think BTC is heading this month?

1️⃣ Back above 124k ATH

2️⃣ Sideways around 117k–120k

3️⃣ Drop below 116k support