$BTC

Hello Everyone 🤗.

BTC is moving between 57k to 56k range after being rejected from resistance of 58500.Currently BTC is under huge resistance of 20,50 and 200EMA.

Now there's two Scenario

1. BTC might go down again to retest its support of 55k which is 0.382 Fibonacci and liquidate nearly 500million(30% probability)

2.BTC will move upward again to grab liquidity at 58800 to 59k and then retest its support of 54k to 55k.(70% probability ).

Importantly if BTC lose support of 53.8k to 55k,then 48k will surely be retested.

So be careful in September and use very low leverage while trading .

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