Bitcoin’s Bull Run on Thin Ice: Will the $98K Line Hold?
In their September 1 Market Outlook, these financial wizards put it rather bluntly: “Closing below $98k on this timeframe would turn weekly structure bearish.” But don’t reach for the smelling salts just yet, for they also add, “Above $98k weekly structure is still bullish and therefore we should anticipate the formation of a higher-low.” Phew, what a relief! 🙌