Bitcoin Ready for a Bounce
Bitcoin has just formed a diamond bottom and broken out of it. It has also made a bullish divergence on the 1h timeframe. It bounced very nicely off the 0.618 fib retracement level at 46.4k. With all of these things in mind, I think it is ready for a bounce to 48k minimum and will possibly march on to make higher highs
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.
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.