btc have bounce of 3 support at the perfect area to join confluence
1) btc held the 16300 horizontal support that was in the area of the 2017 all time high
2) it has also hit the trendline that started from around 30k to 15k
3) btc macro trenline was a major support that started from 2017 to 2022 and if u look at my chart analysis i have marked the area where btc has bounce and it has bounce at the best place possible right in between all 3 support line.
4)also my tdi indicator has broken its trendline and shows bullish divergence also strong volumn indicating to buy
do take into account the dxy is coming near to a major support i believe more important than the previous support.
1) btc held the 16300 horizontal support that was in the area of the 2017 all time high
2) it has also hit the trendline that started from around 30k to 15k
3) btc macro trenline was a major support that started from 2017 to 2022 and if u look at my chart analysis i have marked the area where btc has bounce and it has bounce at the best place possible right in between all 3 support line.
4)also my tdi indicator has broken its trendline and shows bullish divergence also strong volumn indicating to buy
do take into account the dxy is coming near to a major support i believe more important than the previous support.