107 days ago

#BTC Update
Time Frame - 4 Hour
https://www.tradingview.com/x/6JZDZDI5
Volume is going down as price is going down. This is bullish PA. Also seeing bullish Divergences on MACD and RSI. If Volume remains low on the bounce at 37.5k support, we will put in a double bottom (bullish reversal pattern).
However this scenario is valid only if we holds that Major 37-38k Support cluster. If we lose that, We might see bloodbath across-the-board and whole crypto will likely capitulate.
I think a low risk long is worth it here with stoploss below 36.5k but since it's last day of month and volatility is expected so I'll wait till tomorrow and sleep on usdt.

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