#BITCOINBULLETS
BulletBotv2.0
10/07/2022 18:58:00 (UTC)
Bitcoin Bullets . Market Analysis
October 7, 2022
TECHNICAL (4H)
After showing decent bullish strength for the last couple of days, BTC has once again seen a short term drop towards $19,500, where we remain with lower than expected volume, which makes it much harder for a mid term confirmation to occur. $19,000 remains our strongest mid term support and $21,000 remains our most important key resistance level, which could determine our next big move.
SENTIMENT
Sentiment in the short term has decreased to new daily lows after our la move down, however mid and long term sentiment remains neutral, which means that we haven't seen any confirmation for either the bulls or the bulls yet. We're likely seeing a bigger move around our weekly close, with which we also expect sentiment to start its next mid term move.
