#BTCUSDT # review
Since the last review, I was hit by a stop, the breaker and all other factors flashed through the impulse.Over the weekend, there were several attempts to gain a foothold above 36,000, but they were unsuccessful.
Market capitalization 1431 billion, dominance index 45.30%
Altcoins react to each sale more strongly and lose more in value than the actual price of Bitcoin.
There is a lot of fear in the market, this is evidenced by the fear and greed index, which is at around 23.
All this time, negative FUD is presented at the price, then a change in attitudes towards Bitcoin from Goldman Sachs Bank, then a shutdown of mining capacities in Sichuan province (China).
We have again reached the zone of correction of all growth,OTE zone 34258 - 27030. At the moment, we have come to support 4h TF, and also injected Wick 1D TF - now it looks like another deviation from the range. Bullish divers are forming on the MTF. A good place for a possible rebound and trying to gain a position in Long with a short stop, but at the same time dangerous, since there is an onslaught of sellers.
With successful consolidation above 35000-36000, the road to 38000 and above will open.
I would only look for a safe position in Longafter the price has fully consolidated above the lower limit of the range, which is above 34981. If now we still consolidate below the support of the 4h TF, we should expect the price of Bitcoin near the Swing Loy of 30,000 and below...
We can say that now is the last chance….
Many newbies show severe panic, andthey think that everything, the market is dead, but this is absolutely true, we have been growing without any correction for a very long time and now it looks like nothing more than a growth correction.
Stock markets opened mixed. At the moment, futures for the S&P 500 are in the red by 0.53%, Asian indices have sank, gold and oil are rising.
Have a nice day and profits!
Interactive timeline.
