Technical analysis by THESOUMYOROY about Symbol BTC on 8/19/2024

BITCOIN PRICE ACTION IN CONFUSION Currently trading at $58,594. For the past two weeks, #BITCOIN 🥇 has not shown any improvement! For the week of 12th - 18th of August, the OG closed in the mid zone, neither gave us a confirmed BREAKDOWN of the SUPPORT nor gave us a BREAKOUT of the RESISTANCE. Daily candle of #BITCOIN 🥇 price shows a 0.71% upward move at the press time and M.A. is above the price acting as a RESISTANCE. So it's time to hold for some clarity! #NFA #DYOR