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Last updated  :  | By Wojtek

BTC – update – 25/08/2021

Welcome to PipEze daily BTC report.

Yesterday’s sell off on the market pushed BTC price down to $47500. That was a move everybody should expect after reaching 50K. Short sellers always waiting for those situations because an extensive amount of market players withdraw part of initial investment. Price decline can continue to the level of $45000 as this is where support is placed. PipEze Price Movement Benchmark daily chart is forming curve just before entry point. It is an early indication of trend ending. Hourly chart confirming this observation as the signal line is starting to decline while trend line seats underneath 0 – the negative side of the indicator. We always discourage our members from entering market if the trend line of PMB is located on the negative side of indicator.

btc pmb 25/08

 

pmb 1h 25/08

Please follow closely all hourly signals which are posted on Telegram channel. Those signals provide good indication of price trend change.

Well done everyone.

Any questions just drop us an email.

PipEze

The information contained in our publications is not, and should not be read as, an offer or recommendation to buy or sell or a solicitation of an offer or recommendation to buy or sell any securities. Our publications are not, and should not be seen as, a recommendation to use any particular investment strategy.

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