Bitcoin’s August Rally: Key Levels and Outlook Introduction
August’s Bitcoin rally fell quickly, rising from $49,202 to $58,167. Despite an 18% benefit, the trend remains bearish. Key levels will decide if Bitcoin can rise above the Cloud and SMAs.
Falling below $53,000 could result in $44,000-$48,000. BTC to INR and global crypto exchange users should monitor these degrees closely.
August's Rally Falls Short of Expectations
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