Just a thought, but I'm seeing some major signs that the bears are getting tired here. We have nearly confirmed divergence in momentum, a huge decrease in bearish volume over time, and BTC seems to be bouncing off these recent trend line and VP.
Interested to see where this goes.
Interested to see where this goes.
Note
Trend line fell through, but it looks like the horizontal support is still holding. We're nearly oversold too. Bears are almost asleep.
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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.