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Bitcoin / TetherUS
Long

BTC: In depth analysis on bullish potential

By cryptochatter
Updated
Right now we are approaching the yearly low and a liquidation level that usually gives strong reactions at the same time, in my updates I will outline my cases for this as a sustained run beyond 40k, as well as a possible bottom soon

Please see below for the comprehensive analysis
Note
On a small 30 min time scale btc shorts looking bart and fill this imbalance area & gap, leading back to the 0.618

snapshot
Note
Strong bullish divergence is forming on the 15 min - H1 charts, and on higher time frames the RSI is starting to flatten

snapshot
Note
Gold is looking very bearish after failing to break out of a cup and handle

snapshot
Note
USDT.D and the DXY are looking bearish like gold, on a weekly time scale

snapshot
BTCBullish PatternsbullrunChart PatternsmoonTrend Lines
cryptochatter

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