Bitcoin reacted at the 886 level as shown in last outlookbut came right back up, ignoring every potential sell zone in its way and is now about to break the area.
Some kind of "disbelief" move is very likey to happen at this point with a quick rally to 30k as a very important psichological level and has many fibonacci confluence.
Overall market sentiment still seems to be bearish, the more people doubt this move, the higher it will go.
Still thinking the bootom is yet to be put, if we break 30k i might change my mind.
Some kind of "disbelief" move is very likey to happen at this point with a quick rally to 30k as a very important psichological level and has many fibonacci confluence.
Overall market sentiment still seems to be bearish, the more people doubt this move, the higher it will go.
Still thinking the bootom is yet to be put, if we break 30k i might change my mind.
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Disclaimer
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.