Bitcoin $BTC, spot 112,000 has already been purchased. Currently, there is a rebound near the previous low, which is normal, but the trend has not reversed and remains bearish. If you want to enter long positions, you still need to wait.
Tonight, Mr. Powell will speak at the Jackson Hole global central bank annual meeting, and I won’t guess what he will say. This old fellow is always very tough. I hope tonight we get a big move to clean it up...
Intraday resistance 113,600
Intraday support 111,000
