New analysis on $BTC for mid term perspective
As you can see in my added photo Usdt dominance looks technically bullish for mid term perspective.... Usdt dominance is showing crypto market can go down continuously... Hope you can see Usdt dominance created massive bullish divergence in RSI 4h timeframe that's a massive bearish sign so that I am expect BTC can go more to the downside....
In BTC chart hope you can see after a massive bearish movement market bounced back again.... Some people are expecting BTC will go upside from here.... That's a another bearish trap for long traders... Now BTC is testing 82850 range which is a another supply zone... I am expecting another down trending movement from current supply zone....
Hope you can see BTC created massive FVG to the downside which is at 80k- 78600 level.... I am expecting BTC will fill up this imbalance before another bullish move....
As you can see in my added photo Usdt dominance looks technically bullish for mid term perspective.... Usdt dominance is showing crypto market can go down continuously... Hope you can see Usdt dominance created massive bullish divergence in RSI 4h timeframe that's a massive bearish sign so that I am expect BTC can go more to the downside....
In BTC chart hope you can see after a massive bearish movement market bounced back again.... Some people are expecting BTC will go upside from here.... That's a another bearish trap for long traders... Now BTC is testing 82850 range which is a another supply zone... I am expecting another down trending movement from current supply zone....
Hope you can see BTC created massive FVG to the downside which is at 80k- 78600 level.... I am expecting BTC will fill up this imbalance before another bullish move....