Bitcoin stuck in the swamp (Aug. 30, 2022)

As the chart tells all the story, as long as the crypto remains below a well-defined downtrend line from the all-time highs, it will be hard to advocate optimism.

Disclaimer> This post is informational only. It is not trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk decisions which you and only you are responsible for! I do not own BTCs.