Bitcoin(BTC/USD) Daily Chart Analysis For Week of August 18,2023
Technical Analysis and Outlook:
As per Trade Selecter projection, Bitcoin's prices have plummeted, destroying Outer Coin Dip 28900, 28200, and 26900, respectively, and completing Outer Coin Dip 25600. The downward trend continues with Mean Sup 25100 and Next Outer Coin Dip 24200, but a strong rebound is possible with Mean Res 27800 as a target.
As per Trade Selecter projection, Bitcoin's prices have plummeted, destroying Outer Coin Dip 28900, 28200, and 26900, respectively, and completing Outer Coin Dip 25600. The downward trend continues with Mean Sup 25100 and Next Outer Coin Dip 24200, but a strong rebound is possible with Mean Res 27800 as a target.