BTC/USDT 1D CANDLE SCENARIO
My mid-term BTC scenario is here.
For a short - term, BTC will make double bottom formation, When it happens, funding rates will be completely negative, and Fear & Greed will be almost zero (Extreme Fear).
After that happened, BTC will have rebounding technically, regardless of Bearish or Bullish.
Rebounding time will altcoins' finale run, and it will make positive funding rates, and Fear & Greed Index will be Extreme Greedy.
Reversal point that I am predicting is $57k ~ $59k, there are huge selling quantity on $57k ~ $59.
This one down wave will be done when it reach $27k ~ $30k, the weekly demand zone.
My mid-term BTC scenario is here.
For a short - term, BTC will make double bottom formation, When it happens, funding rates will be completely negative, and Fear & Greed will be almost zero (Extreme Fear).
After that happened, BTC will have rebounding technically, regardless of Bearish or Bullish.
Rebounding time will altcoins' finale run, and it will make positive funding rates, and Fear & Greed Index will be Extreme Greedy.
Reversal point that I am predicting is $57k ~ $59k, there are huge selling quantity on $57k ~ $59.
This one down wave will be done when it reach $27k ~ $30k, the weekly demand zone.