2 Bullish Scenarios for Bitcoin

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
The last Leg down was weak compared to the previous ones. Downward momentum is clearly fading also the rsi is printing bullish divergence on daily timeframe . This doesnt mean the bear market is over and bitcoin is moving to ATH over the next couple weaks. No iam just guessing we could see one of those juicy bounces into the 8-10k range.
What makes me hesitant to buy alts now, is that the big candle from 5.8k was pure bots buying. Something in their algo triggered. Could be a bulltrap -.-

Jun 29
Comment: the 5k area is primed for a bull run. The .768 fib level and the old trendline coming perfectly together.
Jun 29
Comment: The upside down view of btc is interesting aswell.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out