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GarateTradeCrypto
Aug 25, 2023 5:53 PM

Bitcoin reaction to volume, when is the growth? Long

BitcoinCRYPTO

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Hello everyone, there is a positive reaction of purchases and also RSI on the key time frames of 12h and 6h, I expect the formation of a bullish divergence soon, the target is $27500 - $28300.

Pullbacks are being actively redeemed, we can see this on the indicator of key volumes.

As you can see, now buyers are defending their approaches to $25400, which is understandable - the level is extremely important, but the local bearish mood will be disabled when it is overcome and consolidated above the $26,600 mark.

The global level for a set of long-term long positions is at the level of 24800.
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