⭐ Merited by El duderino_ (3)
4-hour bullish divergences continue to pile up. Could this be a (bullish) falling wedge?
We could easily see another undercut of the lows but the bearish momentum is pretty unimpressive so far. Daily Godmode continues to turn upwards towards the 50% level after a bullish signal cross with caution dots. Looking bouncy off this 20-week MA too:
We may end up disappointing those who are waiting for $8K and below. Looks like David is getting bullish too:
S&P 500 futures are attempting a recovery (up 4% on the day) after pretty insane volume last Friday. If the stock market recovers this week, that's also good news for BTC bulls.
We could easily see another undercut of the lows but the bearish momentum is pretty unimpressive so far. Daily Godmode continues to turn upwards towards the 50% level after a bullish signal cross with caution dots. Looking bouncy off this 20-week MA too:
We may end up disappointing those who are waiting for $8K and below. Looks like David is getting bullish too:
BTCUSD - "Reversal to Sustained Upward Pressure May Be Under Way NOW." https://www.tradingview.com/chart/BTCUSD/2SSOim97-Reversal-to-Sustained-Upward-Pressure-May-Be-Under-Way-NOW/
S&P 500 futures are attempting a recovery (up 4% on the day) after pretty insane volume last Friday. If the stock market recovers this week, that's also good news for BTC bulls.