Analysis of Bitcoin Strategy on the Morning of August 20

Everyone is bearish? Then let's do the opposite, start with a small position and go long! The daily chart shows a bearish candle with a long lower shadow, indicating there is support below. Focus on the support level at 112500.

It is recommended to go long if Bitcoin drops to around 112500-112000, with a target of around 113800-114500. If it breaks through, continue to look upward

(Aggressive traders can go long at the current price)

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