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Forwarded from 𝕍𝕀ℙ π•Šπ•”π•’π•π•‘π•šπ•Ÿπ•˜ π•Šπ•–π•€π•€π•šπ• π•Ÿπ•€ πŸ”

πŸ”₯ BTC UPDATE 19/08 – LONG BIAS ON THE PULLBACK

On M15 and M30, BTC is currently undergoing a correction after the strong move up toward the 65K zone. The short-term EMAs are starting to turn downward, with price pushing lower, suggesting that the market needs a retest/pullbackbefore potentially continuing higher.

However, H1 and especially H4 are still maintaining their recovery structure. Price remains above key medium-term MA levels, and there is no clear signal of a breakdown in the bullish trend yet.
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