Cryptoblooming

BTC (Health Check)

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Limit order for Longing BTC set at 42K. Slightly below the fib 0.618, trying to get the wicks for the quick bounce off. If you look at the daily timeframe in my charts, despite the sell off which was probably due to "Fed minutes reveal talk to shrink balance sheet" news.. We are still setting higher low. The previous higher low was 40536.66. We are technically still in a bullish pattern. Although i do admit that the correction for BTC is quick scary. Previous ATH correction was around -54% and current ATH correction till today price is at -38%. Bearish cross on the macd. Rsi reaching 30.20, should bounce from there, as base on the previous data on the Rsi.

BTC Hourly + Daily

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