Daily Bitcoin
chart review Ok, I hope that mini dump didn't take anyone by surprise as I was talking about it for several days now. As BTC lost MAVW - the main trend indicator - it went down to the nearest support which I marked as bullish bounce zone. The volume on that dump was good which indicates interest in buying the dips as well as belief in bright future. Which I 100% share with you. But short term the move might not be over yet so I'm taking a pause with fomo longs and will wait to see how BTC will react to 58k support and how far it will bounce from here. Nearest target 60.3-60.8k.
59500 - 61500 - 63000
57700 - 56500 - 54600
MAVW:
4H 62280
D 47200
VWAP (M): 57080
Greed: 73 <= 76 <= 72 <= 73
Alts: 19% <= 14% <= 12% <= 10%
Signals: Alts Watchlist Forex Twitter
Discounts: ByBit | Binance
| FTX | KuCoin | PrimeXBT
@WiseAnalyze #BTC #Bitcoin
