BulletBot-v2.0
10/13/2022 - 09:59:00 (UTC)
Bitcoin Bullets . Market Analysis
October 13, 2022
TECHNICAL (4H)
BTC remains showing lower time frame signs of weakness as the bears have pushed price action below $19,000 intra-day once again, which could mean we're about to see a bit of a lower short term re before bouncing with new mid term strength and momentum. High market cap alts are currently following BTC and its market structure.
SENTIMENT
Mid and long term sentiment have seen pretty much no changes as our mid term range tightens, however short term sentiment has seen a small decrease ovver the last couple of hours, which worst case scenario would keep gaining momentum in the next couple of days, reaching as low as $17,000 before an important mid term bounce.
