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Aug1 : #Bitcoin in 4 hr: BTC gave monthly closing above $41000 | CryptoPM

Aug1 : #Bitcoin in 4 hr: BTC gave monthly closing above $41000 which make it bullish for august too.. We saw near 40% jump in last 10 days.

in daily time frame btc still move in upward channel. And if weekly closing above $41000 than price can check MA 200 at $44700 and $48000 in August.

BTC 4 hr: RSI is Showing bearish RSI divergence in 4 hr and a Rising wedge pattern too so bulls can take profit here on Sunday Evening. Downside BTC have support at $40600, $38000 and $36500.

Trade the range and Apply portfolio Management.