Expecting bullish price action on BITCOIN as price takes out sell side liquidity, we also have a big RSI DIVERGENCE on the H4 that signs a potential move reversal. On the BTC chart we can clearly see that we have a lot of bearish imbalances aka price inefficiencs that were un-filled and price shoul rise to fill them asap.
FEAR/GREED Index on the CRYPTO MARKET for now says that we are in a EXTREME FEAR market sentiment meaning there is a good buying opportunity to go against the herd.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.