BTC/USDT Short term bottom? Let's look at the heatmap🔎

Oct 4, 2022

One thing I like of Bitcoin/s chart at the moment is that it has been ranging for a few months already price did not have a huge sell off either a good pump seems like this area is a strong support where bulls are interested. We can confirm that by looking at the heatmap we have several clusters holding the price. The second thing I like is the global trendline that has created and how it tested it several times, it has formed a nice descending wedge. If price breakout above I think we could look for higher resistance areas. I do not think this is the end of the bear market but I think it could be a nice buy area to profit from longs across the board.

✅As promised I will now include the heat map in some of my analysis!

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