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One of the good news is that we are inside an upward channel and breaking it would require Bitcoin to drop to 90200 during this period, which is difficult at the moment for several reasons.
Among them, Bitcoin's drop is a drop for the currencies, and dropping during this period to lower than these numbers is very difficult. Also, the liquidity in this market is greater than the drop to this number.
I don't know the market direction.
But before Bitcoin reaches the last peak of 124500, its bottom was
112300.
Then it rose to the last historical peak.
If you have liquidity and want to buy, enter in stages; every time the market drops, reinforce rationally.
Remember, all markets are suffering from the same downward wave, and this is a healthy and natural thing.
$BTC

Bitcoin Update:
An important point has been broken at 115300 and trading below it for more than an hour.
Now it is at point 113300, a support area.
The next ones are:
112700
112300
There is a speech by Mr. Powell, the Chairman of the Federal Reserve, next Friday, God willing,
On the date 22/August..
The markets are watching and waiting.
$BTC

Bitcoin Update $BTC
We returned to our areas that were on August 6
115300
A very important point for Bitcoin that must not be broken to avoid more complicated calculations
Before August 6, Bitcoin dropped from an all-time high and then broke it, establishing support on it and later creating another new all-time high.. We will follow and see

I rejoice when someone shares their analysis and I love constructive discussions that benefit everyone.
We differ in the simplest daily matters in reality, so what about a high-risk market? Our differences do not spoil the friendship; on the contrary, they enhance our thinking and analysis
and correct our mistakes. But I wish you could break down the analysis and justify the reasons so that we all know and learn, my friend. So fast ♥️

Yes, this red candle is the pivot candle at 118300, and the next one must be a green candle in order for us to launch.. Let's follow up
$BTC

A special greeting to my brothers and loved ones in the picture
But brother Krunsi had a strong response 😂😂

Bitcoin Update
It is now in a sideways trend at the point 117000
We previously identified the channel points between 116300 and 118000
The condition for upward movement is to hold at the point 118300 and stay above it
And the sideways movement of Bitcoin is attempting to break through the point 118000
Opening trades is not allowed now.
$BTC

Bitcoin Update $BTC
Trading below 118000
On the hourly and four-hour timeframe, it is negative
And on the daily timeframe, which ends at 3 AM Saudi time
It must close above 18000 before its closure.
Our low today is 116300
The statements after the end of the meeting will play a role

Peace be upon you. I am pleased to inform you that things are good. The reason for the positivity today is that the daily candle closed yesterday at 3 AM Saudi time above 18000.
The daily candle closed yesterday at the number 118292.
This reinforces Bitcoin's stability above the number 118000.
Our bottom is formed from 118000 to the peak of 122000.
Buying currencies is allowed while monitoring Bitcoin and paying attention to Trump's statements after his summit with Putin.
$BTC

Yes, there is a decline and buying is prohibited because we have transitioned from a bottom area to a peak.
This means that 118300 has become the peak.
The bottom currently during this period is 116300, and God knows best.
The decision to sell or buy is up to the individual.
As for myself, I neither sell nor buy and I'm holding onto my currency, attached to it since the days of black and white television 😂 $BTC

Thank God for everything. We wanted to inform you about the stop of the decline $BTC , but please forgive us.
$BTC
Our new areas, and God knows best,
A maximum of 116300
And it might rebound from the previous areas and try to break through 118000 and return to its previous path.
The follow-up for today has ended. We hope to see you well, God willing.

Unfortunately, the last five minutes were a nerve-wracking battle for Bitcoin.
In the last 3 minutes, Bitcoin dropped from the point 118000 $BTC .
Now is not the time to buy while monitoring the daily candle, hopefully it closes above 118000 at 3 PM Saudi time.
It seems to me it will drop, and our maximum point is 116300.
We mentioned the points earlier; it could bounce from any of them and rise, and God knows best.

Nice or not nice?
The picture on the right is a four-hour candle and it has half an hour left
The picture on the left is a one-hour candle that was compensated by the green candle that I wanted
$BTC

Oh yes, you must close the four-hour candle to ensure the downtrend stops $BTC

A conflict between the buyer and the seller far from you 😂 Everyone wants the price that is in their head

To be more certain, we wait for a 4-hour candle, which is the last candle that has 1 hour and 40 minutes left.
It must close above 118000 to 118300 to ensure that the decline has stopped.
$BTC

It really did close in green, but I didn't like its shape.. It looks weak 😂
I wished it would close between 118000 and 118300

$BTC

It became sweet green?
But the hour is not over, we wait and see

This candle is a one-hour candle that must close in green color, otherwise we will confirm our drop to 116300
It started 6 minutes ago and will end in 54 minutes
We will keep watching
Our points will be $BTC from which Bitcoin might bounce

117300
116800
116300

I have had the flu since yesterday, and today it has worsened, so I can't respond to you right now.
But I will say that Bitcoin previously reached 122,300 on the date of
August 11, and it dropped to 118,300, which was four days ago.
Then it gradually rose and broke a previous peak of 124,522 according to TradingView and some platforms. ..
The important thing right now is to monitor 118,300, not to break it. $BTC
The trader should be cautious about their work.