BTC Update (4H)

8月8日

Bitcoin is constantly recording lower H's and L's.

Also, the structure of Bitcoin is also bearish in large time frames.

A lower L is expected to develop once again.

We are looking for buy/long positions in the demand range.

Closing a daily candle below the invalidation level will violate the analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You