After bearish divergence, some fud, and a lot of greed - discount is over? 18% Recapture. Another point of view.
Using Fibonacci Fan I appointed some levels. Everytime when RSI bouncing up and take some support & the Stoch RSI was at lowest levels, we got next move up.
Timing cons for now for me: - bearish divergence on RSI – already become, after breaking price channel, - close Bitcoin monthly candle under 42k $, - Price below moving averages.
Pros: - Double bottom on RSI – support on 30 points. - Stoch RSI – bottoming, - Fib speed resistance fan (base on last trend turquoise line) supported at 0.5, - Healthly correction (cooled some indicators, fear &greed index, leverage, my lambo ), - support around 1.35T total market cap, last crucial market cap value.