BTC USDT- August 16, 2021

With a small pull back yday, there were some bearish signs. True that BTC has not been able to cross 48 K with good volume. However, it seems to be consistently trying to cross it. This aguments well for BTC as we could see a cross on 48 k and heading to 50 k which is a huge psychological barrier. As it oscillates between 46- 47.5K, we may see more retail investors coming back in thus pushing the price upwards this week.

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