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D7R
May 1, 2022 2:24 PM

Bitcoin (BTC) • Bounce here likely  Long

Bitcoin / United States DollarCoinbase

Description

I think bitcoin is in great zone to see a bounce as a lot bearish sentiment propagates and we just close a monthly candle which is looking terrible (I didn't discuss this in this short video)

Overall orderbooks still looking strong for Bitcoin the mainly only problem is the weakness coming from the altcoin market that could unfold massive losses in the coming weeks.

Comments
simplejoe1
makes alot of sense. too much bearish sentiment. you expect a short squeeze fast rally or slow up?
D7R
@simplejoe1, i cannot possibly know that but I would say it would be fast one.
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