When we consider August and its typical volatility, we've seen some unusual corrections in recent years, along with unexpected spikes in volatility. The dollar still has some upper levels to reach before a potential decline. So, if we keep that in mind and the dollar tests higher levels, it logically suggests that BTC/USD could trend lower.

Let's keep a close eye on how the dollar behaves in the upcoming weeks. Here at Global Chart Surfers, we've faced a few more losses than expected, but our strong money management keeps us ahead of the game. We hope you all have tight money management practices too, and together, we'll keep navigating the market with the big players.

In the grand scheme of things, we have the global supply and demand ranges to work with. Let's stay grounded, stay professional, and keep beating the market! 💼📈🌐

Daniel P. Fadejev
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