Bitcoin
Long
Updated

BTC-Bitcoin Swing Buy

95
BTC is approaching major demand zone in price on Daily Time Frame.
Deep Crab PRZ/HOP on 4 Hour
1 Hr Bullish DiV in Price wrt to RSI and approaching major support zone.

Note
Snapshot attached for Ref.

snapshot
Note
4 HR Deep Crab Bullish Harmonic Pattern

snapshot

X-A 1.618 FIB
BC FIB Projection 3.14 to 3.618
Note
1 HR Bullish Divergence in price with respect to RSI

snapshot
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4 HR Squeeze shows that Bearish Momentum is fading away slowly. look when the Squeeze happened as shown in blue dots and when histogram shown there started becoming negative, we saw bearish momentum. Good news is this bearish momentum now is in the process of slowly settling down and bulls started defending the price.

snapshot
Note
Weekly time frame trend is still negative however but from here you may see price consolidation followed by bounce and then further sell off likely. However, the short term selling seems to be in the process of absorbing by bulls/buyers.

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