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#Btc
Accumulation area: 63300-63500
Sales target: 64500-65600-66000
For Spot reference only!
📊 Bitcoin chart analysis 📊
Time frame - daily
Bitcoin did not lose its swing lows/October 2021 monthly close/March 2024/March open, after which significant horizontal consolidation can be seen.
Also today, Hong Kong approved the Bitcoin ETF. A clear bullish divergence is formed on RSI & MACD. Over-leverage/late long term flushing and over-extension resolve.
We have corrected 13% of sentiments falling and fearful. I would say it's almost time for the Bull Market to continue.
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