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Paraman666
Sep 22, 2021 10:28 AM

BTC - bounce imminent Long

Bitcoin / United States DollarCoinbase

Description

Sentiment on BTC shifted super fast, based on fear & greed index, we are in extreme greed and bitmex funding rate support that statement (most people on bitmex are in SHORT positions -> smart money should be in LONG right now).
However I am not sure at all, if this will be long-term lasting bottom, that is being formed right now OR we will bounce up just to 45k and then we will see another sell off. 45K-46K is very strong resistance and there is also downtrend trendline.
Comments
CryptoidiotQ
it's in a fractal similar to earlier in the year, just a smaller version of it. if the fractal completes 35k is a good target...
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