Sunday Prep 8/01 - $BTC Trying to break north of her base

Well, she’s trying to break north of her base. Nothing has happened convincingly yet, but that can change at any moment. First level of resistance will be the shove into the underside of that weekly 20sma. That very well could smack it right back down into the sideways channel. If instead holds the old resistance as support, it may be gearing up for a bigger move higher.