#BTC update: Tenkan and kijun are in a C-Clamp, signifying th | Invetas Signals

#BTC update:

Tenkan and kijun are in a C-Clamp, signifying that BTC is currently oversold. The El Salvador/other south american countries accepting BTC as legal tender narrative is helping too. Even if this is the start of a bear market, we should still get a bounce to 44-46k - bottom of the wyckoff distribution and daily kijun. Rejection from there would be a confirmation of the bear market. Comparison with 2018 cycle below.
https://s3.tradingview.com/snapshots/6/6uqyB1To.png