Bitcoin

The bullish scenarios that could play out for BTCUSD

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The short term bullish moves to 45k are possible at these levels. However, I would be skeptical and still believe prices are going to 28k or lower. And given the fundamental analysis is looking extremely poor I expect further down moves. Bullish wedge chart pattern and fear and greed index at extreme fear could create a relief pump to trap bulls and liquidate some bears.

Dont be always bearish and always bullish. Learn to be flexible to both. However, BTC monthly chart still very bearish and monthly Nasdaq chart atm is looking very bearish.

Just my thoughts today.

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