Cloak M
Cloak M|Aug 31, 2025 13:45
Looking at the daily chart, BTC is still in a downward channel with weak momentum and no significant rebound. The main approach is to stay cautious. Keep an eye on the red trendline—once it breaks effectively, it signals the end of this downward trend! This correction won't stay at the bottom for long. Even if it's not the bottom yet, it's already close. There's a chance to wick down to 100000-105000, and once it does, that's probably it. How it performs will depend on this critical week ahead.
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