BTC: Will the BIG INVINSIBLE "M" instigate more fear?
BTC is not surprisingly giving out more fair valuation on the go. The Fear Greed Index is showing more are selling to keep their position in the clearance.
After slightly broke down below the diamond. The price action climbed back to the edge of the "SUPPORT" base of the DIAMOND SHAPE.
Bitcoin have make some good move despite the dominance slipped down a little.
As observation point of view, it need to go uptrend and stay out of the Diamond shape cross the end of the month.
Looking at the second "diamond" shape which is sketch earlier than it should (as usually to be done on month-end closing or opening of new month).
We would want to see if this really fit the observation.
$57,000 to $60,000 support remain strong still, in perspective as a reminder.
