Btc Market Analysis and Market Movement 05 Jun 2022

 06/04/2022 

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Market Analysis

June 4, 2021

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🐠TECHNICAL (4H)

Teachincally, BTC has become stable and lower time frames, showing that bearish volume has decreased to new multi-week lows, showing a high probability of seeing at least a short term upside move from here, which has still yet to show a solid daily confirmation.


🐠SENTIMENT

Sentiment remains relatively low on higher time frames, however it's showing some positive signs on lower time frames, which if manages to build up momentum over the next couple of days, will likely send BTC and alts to new shorta dn mid term highs.

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