BTC Update Crypto Market and Sentiment 31 May 22

 05/31/2022 

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May 31, 2021

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🐠TECHNICAL (4H)

BTC has confirmed a mid term bottom at our #28,720 key long term support, from where it has exploded to our current #32,100 highs, which if held, would send us straight towards new mid term highs of at least #36,500. In case the bears take control of the market again, we would be heading much lower than #28,000


🐠SENTIMENT

Sentiment has exploded over the last 2 days, and it has reached new multi-week highs, which remains a very important factor in BTC's price action. If this sentiment manages to creep higher in the next few days, we'll be seeing new alt explosions we're ready to catch.

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