đ#BitcoinAugust could produce the most âinterestingâ monthly candle ever, signaling a trend reversal! Analyst âHODL15Capitalâ says a âdragonfly dojiâ could appear on the monthly chart. đ
đĄ FXPro Alex Kuptsikevich: The dragonfly candle reflects optimism about a recovery after the early-month setback. But remember the month is not over yet and the pattern cannot be fully confirmed.
đ BTC needs to break $68K to break the downtrend, and above $74K to enter âuncharted territoryâ with the potential to quickly rise to $110K.
đ Apollo Crypto Henrik Andersson: Fundamentals and market sentiment are the main factors. The Fedâs interest rate decision and the US election will have a big impact on the market.
đ BTC is currently trading at $63,150, with the hammer candle possibly also signaling a bullish reversal.
đŹ What do you think about the BTC trend? Comment and share your thoughts!#Crypto#Blockchain#Finance#Tech #MarketTrends