August 26 BTC intraday analysis



BTC is directly crashing, multiple rebounds have been ineffective, and the US stock market eventually drags BTC down! During yesterday's live broadcast, I told everyone that if the resistance level of 113500 couldn't be surpassed, it would go down, and then 112600 also became a resistance level that couldn't be surpassed, continuing to drop! The support level at 110000 has also failed, directly arriving near the support level of 108500! Various indicators and moving averages all indicate a bearish situation that is not optimistic!

BTC is still in a bad shape at the daily level. If it cannot stabilize above 112000 today, everyone can continue to look towards the short side! Especially with the possibility that the US stock market may continue to drag BTC down in the evening!

Support levels for BTC are 107800-105000-101500, and resistance levels are 112600-113500-114750! When others are fearful, it is time for us to be greedy; when it's time to act in spot trading, we should act!
BTC-1.49%
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InTheYearOfTheDragovip
· 13h ago
Hold on tight, we are about to To da moon 🛫
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WarGeneralYvip
· 14h ago
It is mostly impossible.
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