BTC Technical Analysis - Is This The END of BEAR MARKET in Bitcoin?

BTC prices refused to stay under the $30K mark and displayed lower price rejection with a long tail formation (highlight yesterday’s candle). This indicates a surge in buyer’s demand as $30K remains a lucrative buy-the-dip spot.

Let us take a more in-depth look into the technical analysis of the BTC token and see what the price action and the technical indicators say about it. 

 

https://www.tradingview.com/x/I7grIZgN/

the downtrend going on in the market, here we can see a reversal coming with a sharp rise in the trading volume, and even though the colors are bearish the lower price rejection is unmasking the underlying sentiment as bullish.

 

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