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Daily Bitcoin chart review Did you buy the dip? Bounced hig | Crypto Trades

Daily Bitcoin chart review

Did you buy the dip? Bounced higher than expected, but you never know how far it can drop. Actually price bounced exactly from 21 EMA at 4H chart. So the uptrend stay strong. Today is Sunday and so far week candle look ultra bullish. Will look the same while above ~55500. At the same time I see decrease in momentum, so unless today price pump to 60k (which is unlikely), it is possible that next week will start with another dip and 52k look like a nice target.

Momentum analysis at daily:
D17-20
: AC AO
D16-17
: AC AO
D14-15
: AC AO

57000 - 60000 - 63800
55100 - 52000 - 50850

Fear & Greed index: 91 (<= 91 <= 93 <= 91)

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