$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