Exercise caution, With fed (cpi) meeting in a couple weeks, coupled with a bullish DXY (us dollar) expect some volatility in Btc in September, we also have the eth merge in less than 10 days.
Plenty of seller exhaustion on the daily rsi giving buyers (bulls) the chance to takeover. Bitcoins Elliot wave theory Waves 1, 2, 3, 4 and 5 form an impulse, and waves A, B and C form a correction. The five-wave impulse, in turn, forms wave 1 at the next-largest degree, and the three-wave correction forms wave 2 at the next-largest degree.
$18500 would be a good entry for a swing long.
Not financial advice, do your own research. I am not a financial advisor.
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