BITCOIN - Will Probably Bounce Soon 🧐

Yesterday BTC saw a typical flash dump, probing deep down through the low of the coloured trading range; tapping the liquidity and printing a SRP shakeout reversal pattern to bounce back up - trapping shorts, stopping out longs.

And now today it is printing a fairly tight bullish descending channel.

Bullish RSI divergence coming in.

Probably a bounce coming to restore parity in this potential consolidation.

...

Bitcoin Dominance starting to show signs of weakness after a long rally.

Could be an ALT rally in the pipeline 😼!

הערה:

Here comes that bounce ❕