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Maximilianned

Bitcoin - Long after they soak New Longs

Long
Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)  
Maximilianned  
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Trend Analysis
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trendanalysis


There is accumulation and now positive divergence.

That said - I think all the new longs are about to be tested, and I expect a new low to take new longs.

Then expect BTC to bounce back - likely to old resistance around $28 -29k

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