Overall retail bias is negative towards #BTC gives a brilliant opportunity for market participants to take advantage of it
BTC overall is still in a bear market and has not reached its end
It is currently at the bottom of a downtrend with encouraging price action of a correction to 39k-40k
-It has potential to reach that price in 1 to 2 months time
TLDR; Short-term reversal possibly imminent
TA: MACD/RSI
MA= 50/100/200 daily, 12 monthly, 55 weekly
Trendlines and Fibonacci
BTC overall is still in a bear market and has not reached its end
It is currently at the bottom of a downtrend with encouraging price action of a correction to 39k-40k
-It has potential to reach that price in 1 to 2 months time
TLDR; Short-term reversal possibly imminent
TA: MACD/RSI
MA= 50/100/200 daily, 12 monthly, 55 weekly
Trendlines and Fibonacci