The Bitcoin Balances on Exchanges is positive today with more than 6K BTC over the last 24 hours, a possible massive sale to come to liquidate all Longs at the bottom of 17.6K and possible even lower.

The 18.5K has held up well as support and for now we are bouncing off it, except there is the key resistance zone as support between 19K to 19.3K which is rejected the price.

The MACD loses the bearish momentum and we have a bullish divergence on the RSI in the oversold zone to see if we will have confirmation or rejection by the resistance at 19.3K to look for the next support at 17.6K!

https://www.tradingview.com/x/OySW9vfD/ 

The S&P 500 bounced off the 61.8% fib in confluence with the key support level at 3900.

The price is doing a higher high (visible on tchart with line), while the OBV the volume indicator is doing a lower + high!

I believe that the sellers are still present, the macro economy is not doing well and the Fed's objective is to lower inflation by raising interest rates which the majority of analysts are still predicting a rise of 0.75% for September 21 who will price in advance! finally I think that the S&P 500 with the BTC will not appreciate this rate hike too much!

https://www.tradingview.com/x/k0WN2giF/ 

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