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Technical analysis by DigiLex_LLC about Symbol BTC on 6/4/2024

https://sahmeto.com/message/3346887
DigiLex_LLC
DigiLex_LLC
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This is looking like a potential bottom for Bitcoin, even if it's just a local bottom. We have an accumulation off the daily demand, while USDT.D is doing the opposite. There is an inverse relationship between the two. Keep an eye out for a bounce here. If we fall through this daily demand, we could go a lot lower, but let's try to think positive thoughts. Last cycle we bottomed out at the end of June 2020 before the real bull run started. Let's hope that's the case here as wellUSDT.D Distribution

Translated from: English
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Signal Type: Neutral
Time Frame:
30 minutes
Price at Publish Time:
$69,373.12
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