#BITCOINBULLETS
BulletBotv2.0
10/08/2022 15:28:00 (UTC)
Bitcoin Bullets . Market Analysis
October 8, 2022
TECHNICAL (4H)
BTC has seen pretty much no change in price for the last 24 hours, remaining stable around $19,500 after dropping $20,500 with relatively high short term bearish volume. $19,200 is currently our most important short term support level, which should hold if we're expecting to remain strong in the mid term. A break below, and we're likely going to $17,000.
SENTIMENT
Sentiment has also seen a short term decrease over the last 2 days, as the bears have gained some short term strength and are trying their best to push prices even lower over the next couple of days. Depending on what we see in the next 12 weeks, we’ll determine where our mid and long term sentiment are heading for the rest of the year.
