Right now general sentiment is bearish.
However, btc's movement is so similar to the early April's movement now
In addition, RSI and MACD 's 1 Day is similar to April's one too.
BTCUSDshort is definitely forming bearish divergence on 1 day chart = signaling forshort squeeze
we have strong buy support at 6k$ AND MASSY buy support at 5k$
In conclusion, I'm on Bull side :)
Plz be noted that I don't advise anyone here. I only want to express my thought
However, btc's movement is so similar to the early April's movement now
In addition, RSI and MACD 's 1 Day is similar to April's one too.
BTCUSDshort is definitely forming bearish divergence on 1 day chart = signaling forshort squeeze
we have strong buy support at 6k$ AND MASSY buy support at 5k$
In conclusion, I'm on Bull side :)
Plz be noted that I don't advise anyone here. I only want to express my thought
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Bravo :)
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if we can break above the blue line, it is definitely a sign of strong bull
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one of upcoming bullish news for crypto within this month is that NASDAQ will launch its own crypto exchange
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people are fomoing now. We might have a pause at the blue line 6.9k. Breaking it and hold, it will be a very strong bullish sign and we can expect btc's uptrend will start
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lot of resistance ahead, this is not an easy fight for our beloved Bull.
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tough resistance zone 7k- 7.3k
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