August 19th Morning Bitcoin Strategy Analysis

I won't go into detail about yesterday's market conditions here; simply put, Bitcoin took 1986 points. I won't go into details about the market; just follow the trend and make some money!

On the four-hour chart, the price surged higher before retreating and closing lower. This trend is clearly not strong, but rather shows range-bound fluctuations. This week's battle between bulls and bears will continue.

Looking at the four-hour chart, we see Bitcoin prices repeatedly attempting to reach higher levels but ultimately retreating, even falling below support from previous highs. Fortunately, prices subsequently stabilized at a higher level. Currently, if key support levels hold, the bullish trend remains likely to continue; however, if these levels are breached, a market pullback is likely.

BTC Recommendation: 116800-117300 🈳 Target: 114000

ETH Recommendation: 4380-4420 🈳 Target: 4200

Go with the flow, stay rational, and be defensive. Don't blindly resist! I wish you all the best. Seize every opportunity. We'll keep moving forward together! #Strategy增持比特币 #加密市场回调 #山寨季何时到来？ #币安钱包TGE #美联储取消创新活动监管计划 $BTC $ETH $SOL