bitcoin has bullish divergence on various oscillators, as well on numerous timeframes.
the one shown here is the daily.
bullish volume divergence
currently in a daily squeeze.
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the move out of this range will be quite large,
likely around 7~10k.
it can most certainly go in either direction, but that's what stops are for.
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i'm quite bullish on btc right now, and i will continue to be while the chart looks the way that it does.
good chance we're in an accumulation phase, and the mark up phase will begin one of these days.
almost expecting a raid of the lows(spring phase) before we pop, but it doesn't have to happen.
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bullish targets are green
bearish target is red.
have a nice weekend 🍀
the one shown here is the daily.
bullish volume divergence
currently in a daily squeeze.
---
the move out of this range will be quite large,
likely around 7~10k.
it can most certainly go in either direction, but that's what stops are for.
---
i'm quite bullish on btc right now, and i will continue to be while the chart looks the way that it does.
good chance we're in an accumulation phase, and the mark up phase will begin one of these days.
almost expecting a raid of the lows(spring phase) before we pop, but it doesn't have to happen.
---
bullish targets are green
bearish target is red.
have a nice weekend 🍀