8.25 Bitcoin Layout

The injection made in the early morning was deeper than the last time we were optimistic about the pullback. Both the big whales and small retail investors have already been forced to exit. With Ethereum continuously reaching new highs, the launch of Bitcoin is just a matter of time. Even the range of 132000-135000 could be completed as early as September. The lower shadows on the daily and weekly charts indicate that the goods were immediately bought up as soon as they were released. This kind of long shadow testing is an opportunity we should seize.

It is recommended to enter long positions between 111900-112400.

Target: 117900 and 123000 in batches $BTC