The BTCUSDT (Bitcoin) short-term chart is looking bullish, ready to keep going, to move forward, to forge ahead.
➖ We have many consecutive green candles with a strong RSI. ➖ A perfect bounce above 0.382 Fib. retracement. ➖ Trading above EMA10 and EMA21.
Since the chart signals are pointing up, we will say that Bitcoin is rising and recovering because the inflation numbers were "strong".
👉 Good inflation numbers = positive Bitcoin, right?
It doesn't matter, regardless of the short-term swings and shakes Bitcoin is going up!
Namaste.
P.S. There can be volatility around these days, but continue positive as the end result.
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The short-term bullish bias is confirmed and strengthened after a short-term higher low and rested of support.
Bitcoin is set to resume moving higher!
The DXY seems strongly bullish which is a positive for Crypto.
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This is perfect. It will recover right away... Give it a few days maximum.
Patience is key!
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Bitcoin is 100% back on track.
Highest volume on the 1H timeframe since the start of the month.
The 4H timeframe looks great as well... This was only a strong shakeout. Over 175M in over-leveraged long traders were liquidated... This is good for the health of the market.
Patience and discipline – the trader's best friends.
dropdx
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lol yall are never right
MyCryptoParadise_Simon
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The bullish indicators on the BTCUSDT short-term chart are indeed promising. The combination of strong RSI, a solid bounce off the 0.382 Fib level, and trading above key EMAs point to a potential upward trajectory. Staying positive amidst this volatility seems a prudent approach. Namaste.
PerfectLONG
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Don’t fall for the short
pullbacksignal
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This is my idea, check it out
pullbacksignal
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Very good trading plan.
PerfectLONG
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need to fake out the short sellers to remain bullish
SwallowPremium
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What if we see a re-test to 36K and then move to lower zones b2b??