Bitcoin / TetherUS
Zaktualizowano

$BTC / USDT , this is how i see the Market.

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BTC / USDT , this is how i see the Market.

BTC still in this channel and overall market sentiment is very bearish.

Zlecenie aktywne
here is the better view

snapshot
Zlecenie aktywne
here is the closer look at those bars

Looks at bar 1 in somehow created a hammer which is bullish and shows that shorts are taking profits and some traders going longs. in follow that bar 2 pushes up with very large volume however look at the close of that bar it is closing near a bottom of the range which is not looking good.
snapshot
Zlecenie aktywne
Bitcoin is trying to form a short term bottom on 4 hrs chart.
Zlecenie aktywne
Bitcoin was not able to form a bottom on 4 hours chart. whales offloaded tonnes of BTC into the market . here is the updated chart and it is very active. it might not be a straight line as i drew on the chart but the end game is obvious.
snapshot
Zlecenie aktywne
BTC here is the quick update.
this is still active

snapshot

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