$BTC 8.25 Monday Morning Analysis of Bitcoin
On the hourly level, MA144 and MA169 form a downward pressure zone, with the price continuously under pressure below the moving averages. The MACD indicator shows expanding green bars, and the momentum is not exhausted. The support level below is 110484; if it breaks down, it may continue to decline.
Personal advice, for reference only (strictly set a stop loss)
Bitcoin at 113800, near 114500 is under pressure, target 111800, 110000