Bitcoin Maintains Bullish Structure

١٦ أغسطس ٢٠٢٣

Bitcoin, the digital money has maintained a range between $28,900 and $31,000 since late June. Despite this range zooming out on the D1 chart we can see that Bitcoin is still maintaining a strong bullish structure and this structure has not faced much threats to the downside. Bitcoin has bounced off the S1 pivot support(@ 28,800). Could this be the move that will lead to creating new (Higher Highs) HH?
Following the momentum and the monthly Pivot Point(PP) I want to see the price close above 30,000 one more time to pull my rally button.