$BTC update💥

A couple of hours left until the daily candle closes. Price is still hovering below the break out point of the red trendline. Could this be a fake out? Let’s see what the daily close has for us and we will act accordingly.

Note that by tomorrow Saturday August 9, if the daily candle closes below the red trendline. We will get a confirmation on where price action will be headed to. A decision must be made whether we will break the yellow trendline to the downside or not.

The daily candle is crucial today to stay above the break out of the red trendline, currently needs a close above $116800

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