While we are finding support at 44k we can see put MACD/SIGNAL playing off MACD support setting up for a cross and up through zero line. Also our RSI touched oversold zone and immediately pivoted back towards overbought.
This sentiments our loading point for buyers to retest 48 I for a breach to 50 K. With Cryptos breaking highs all over, traders can sentiment buyers are in control and plan to remain in control.
Furthermore these sell offs can be a sentiment towards buyers controlling sell off pivots for buyers to load up.
Previous BTC analysis attached that forecasted 42k retest and continuation which played true. Please comment with thoughts and ideas. Thank you.
This sentiments our loading point for buyers to retest 48 I for a breach to 50 K. With Cryptos breaking highs all over, traders can sentiment buyers are in control and plan to remain in control.
Furthermore these sell offs can be a sentiment towards buyers controlling sell off pivots for buyers to load up.
Previous BTC analysis attached that forecasted 42k retest and continuation which played true. Please comment with thoughts and ideas. Thank you.
