Bitcoin (BTC) / Great British Pound (GBP) 1D Time Frame
Bitcoin is looking bearish at the moment showing movement towards its support at 28k. Once Bitcoin hits that support it should turn around and start heading bullish towards between 35k - 37k.
I will do a quick update on Friday 20th of Aug to do a quick brief on its movements.
If you like my analysis give it a thumbs up. If you have any questions please feel free to comment below or send me a direct message.
A 14k rise since July 21 doesn't seem very bearish to me. I suspect we may get a retracement before a further rise, but to say bearish seems a little OTT to me.
TheCryptoPlanet9
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@adamrudd23 yeah your Probebly right mate. It does look like it’s going to fall but will definitely rise again that’s for sure 👌🏼