Dear Bulls, it will be OK. Buy the dip!

Opinion

• Only bullish news, El Salvador bought the dip, and will keep buying to inflate the price post Bitcoin Day.
  

Fax No Printer

• We're trading above 50-day MA.
  
• Trend is still up.
  
• Price is building a support structure and demand zone in the orange area, with volume.
  
• Retracement was mostly big wallets taking profit and overleveraged longs.
  
• Retracement was overdue, funding fee on altcoins was high, funding is now flat/slightly bullish again.
  

Conclusion
Great RR to buy the dip!

Kommentera:

First TP is $50k zone.