BITCOIN BULL & BEAR SCENARIO FOR THE REST OF THE WEEK

4 sept

In this scenario, we retest 58k and move lower to reach the low at 54.6k. These price moves should be watched closely as they can become volatile with falling stock prices and economic data. Today the JOLTS job openings will be released which could cause volatility. If the economic data turns out to be bad for the dollar in the next few days, the upside scenario could continue and we would re-enter the area where we are trading sideways.