$BTC

BTC updates 14 Aug

How are you my crypto friends?

I haven't looked at the BTC chart for two days.

For very near future, I see in the 1-hour chart that it has just come out of a pipe, but is hovering at the lower edge of the pipe, and is reluctant to decide where to go.

I feel there are three possibilities.

Possibility 1, BTC falls out of the pipe and rebounds again near the "sponge pad" of $57,600 mentioned in my last post;

Possibility 2, BTC falls out of the pipe and rebounds near $55,300;

Possibility 3, BTC decides to return to the pipe and can rise to around $62,000 recently. This may be BTC's recent activity.

How do you think where it will end up?🤔

#BTC☀ #MarketDownturn #Write2Earn!