CryptoPAMM

Bitcoin back to the mean?

Long
CryptoPAMM Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Right now there could be some profit fixing taking place, increasing the risk of the BTC price correcting down. At the same time, the price remains above the minor uptrend trendline, which still validates the bullish trend. However, break below the trendline is likely to result in a pullback towards the average-price uptrend trendline. In this scenario, Bitcoin should be heading towards the $56k support area before the major uptrend continues.
Comment:
It seems the bottom has been found

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