Just posting what I see in the charts - there's currently bullish divergence on the 1H in bitcoin. When things seem their weakest, it's typically a sign of strength and when things seem their strongest, it's typically a sign of weakness.
Note
The No retail trader is going to buy in at $20k and they will leave en masse and it will be exceedingly difficult to have a structure that makes sense at $20k that sustainably provides market makers profit over any duration.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.