BulletBot-v2.0
10/10/2022 - 16:06:00 (UTC)
Bitcoin Bullets . Market Analysis
October 10, 2022
TECHNICAL (4H)
BTC is still showing no signs of a mid term move to the upside or to the downside, which is currently one of the longest mid term ranges we've had in a couple of months. BTC still needs to see a clear break and close on the daily above $21,500 or below $18,500 to confirm its new mid term direction, a move that will more than likely keep gaining momentum for months.
SENTIMENT
Mid and long term sentiment remains neutral, with no significant buyers or sellers for BTC and higher market cap alts. Short term sentiment has slightly decreased over the last couple of days, after having some lower time frame sellers stepping in, which however, are not causing any important wave.
