After the fall we had, BTC price is looking like its going to have a reversal soon. Bullish divergence at 4h hour chart is indicating that the sellers are losing steam and buyers are about to step in. This is just an idea not financial advice, do your own research before investing.
I saw this too. do you think the reversal will follow a flash liquidation event (short squeeze) or will it be slow and gradual?
Gimmicker
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@kaythetradingbloke, I think short squeeze because fear and greed index is at its lowest but I am still a little bit worried because in the past when btc use to settled down after its crash there would be long wicks to liquidate positions but I haven't seen them this time.
kaythetradingbloke
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I hope there's gonna be a flash event too, that would create good momentum for the rise. a long wick did just appear but nothing nearly as drastic as expected. I wish you a truckload of gains my friend 🙏🏼