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.

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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