🅱️ Bitcoin Short-Term | Keeping It Simple, Bulls Win!

7 mar 2023

Looks like the Fed correction is going to be short lived, we have multiple early reversal signals, we will keep it simple.

• Higher low today vs 2-Mar.
  
• Higher low candle ends in a Doji, green.
  
• Another Doji with a perfect -8, -9 TD seq.
  
• RSI went to extremely weak recently. When this happens 1h Bitcoin rebounds.
  
• Low bear volume.
  
• Moving above EMA10.
  

These are early signals that support a reversal from the current price.

These signals are invalidated if BTCUSD closes 1h below $21,900.

✔️ Any trading above $22,222 and Bitcoin continues within a very strong bullish bias.
✔️ Trading above $20,000 is also quite bullish in the higher timeframes.

All retraces and corrections can be used as buy opportunity in anticipation of the next bullish wave.

It is going to grow.

Patience is key.

Namaste.