Aug 4: #bitcoin 4hr: $ BTC is showing correction on 4th day of month and hit low $37481. As far on Wednesday btc hold $37500 and digested comments from Gary Gensler, the new chairman of US SEC. As per chart $36000-$36500 is important support for $btc where we can see fresh position on long side.
Bitcoin- 1 day: As per chart this correction make btc more strong for next rally if run above MA 50 day continue.
Possible golden cross on 1st Half of Sep: If BTC stay above MA 50 day and price move upward from here in august than highly chance we can see Golden Cross in September which make btc very strong once again.
On Weekly chart, MACD also ready for Bullish crossover in coming weeks.
