BTC Update
BTC made its push toward the upside movement after retesting the trendline support. The volume is good and looks like buying pressure is getting momentum.
The price also went above the EMA50 dynamic resistance.
However, there’s one important key zone that the price needs to break (20,500). A horizontal resistance can be seen since August 20 and this act as a strong-ranging Resistance.
Flipping these key zones could send BTC to further highs. If the price fails to push, we can see another major pullback.
