Hello!
Let's do some analysis about todays BTC price. So nowdays Bitcoin is in green mode. On previous week it hit almost 38k. Got flash dump and was bought strong buyers, and even don’t touched 35k support. It’s gave us understanding that as greater interest as price grows.
So, what’s for now?
Buying dips mode is on, till proven otherwise. Indicators shows bearish divergence, funding rate high, greed is on the verge of breakout, Fomo (fear of missing out) all over the market. Market need correction, but all this indicators can be unloaded at any time, BTC can go in small range, liquidate both side of longs and shorts and go up leaving everyone in the boat or flash dump, to get more liquidity to grow. As you remember, market can’t go always down or up, it must be healthy for all market players.
Recomended levels to watch: wide $35k-$33k and big level $30500 and $37800-$40k.
Stocks still bullish and Index of dollar capable to crack down, so those factors can support further growth 😇