💰 The bulls defended the important $25,000 level.

This level has been serving as a critical point of support and resistance ever since july 2022.

Once this support gets broken we can expect the final capitulation 📉

💰 BTC Strong support between $26900 - $26700. Expect a bounce soon 🚀

📊 Top 7 Crypto News (Today) :

💼 Robinhood Wallet adds support for Bitcoin, Dogecoin, and Ethereum swaps.

💰 Coinbase will list PayPal USD $PYUSD on August 31.

❌ Binance will stop supporting BUSD in 2024.

🏦 Hong Kong bank SEBA gains approval to offer Bitcoin & crypto services.

🚀 Base becomes the fastest growing layer 2, having gained 1 million unique addresses in 11 days.

🐋 Whales bought $388M of Bitcoin just before the Grayscale-SEC news.

📈 Spot #Bitcoin ETFs now have a 75% chance of being approved, according to Bloomberg analysts.

💰 "Binance will gradually stop supporting the $BUSD stablecoin," says Binance.

Up to February 2024, users can transfer their BUSD holdings to FDUSD without paying any transaction fees.

@News_Crypto | link

💰 After hitting the 50-day EMA, BTC's next stop is the major trendline.

Hard rejection from $28.5k - $$29k will be the Classic Shorting Opportunity 📉

💰 The Reason for pull back was CME #Gap which was hidden on lower timeframe chart.

Now expecting 5% pump from here. But make sure not to bet huge until BTC's ETF Results.

💰 The potential bottom for #Bitcoin looks more likely in Q4 rather than Q1, Considering the upcoming halving in April 2024.

Some altcoins might reach their bottoms before Bitcoin, they will be frontrun by whales, while others will align with Bitcoin's bottom.

Stay Active and Be Ready to Accumulate in next couple of months.

💰 BTC Swing Short (Short from $31k still active)

Entry : $25850 - $27k

Target : $22k - $20k

SL : $28.2k

💰 Bitcoin's Higher Time frame Liquidation Levels.

It is important to know the liquidation levels, Liq levels often signal potential reversals.

• High Short Liquidations: $32,000

• Next Long Liquidations: $23,600

• High Long Liquidations: $15,000

💰 The market made a bold move to fill the CME Gap sitting at the $27,000 mark.

Now, all eyes are on the next Major CME Gap, situated between $20k - $21k levels.

It's likely that we'll see this gap filled over the next couple of weeks.

💰 Bitcoin is currently at a crucial support.

If the weekly candle closes below $25,000, it could lead to the massive capitulation📉