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Bitcoin - BULLISH, but is it REVERSAL?

Panjang
BITSTAMP:BTCUSD   Bitcoin
Hi Traders, Investors and Speculators

Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.

A quick scalp update on BTC 4h. Bitcoin has been seeing a mini rally over the past 48 hours. BTCUSDT 4h may seem bullish , but I'm not convinced that it's a reversal just yet. Overall, market conditions are still too bearish to call for the start of another bull market. I believe we may see some extreme weekend volatility . However, by taking a quick look at Fibonacci retracement Bollinger Bands in the 4h, we see a possible price target towards $23K for the IMMEDIATE TERM.

Related news Highlights in Crypto :

πŸ‘‰ Total cryptocurrency market cap reclaims 1T
πŸ‘‰ Bitmex will ban Russian citizens and residents from accessing the exchange within the EU on July 11
πŸ‘‰ Crypto lender Voyager has filed for Chapter 11 bankruptcy
πŸ‘‰ South Korea an US agree to share investigation data on LUNA and $UST
πŸ‘‰ Crypto exchange Bitstamp will charge inactive users a monthly fee of $10.20
πŸ‘‰ KeyFi sues Celcius for allegedly defrauding the company
πŸ‘‰ Celsius Network completely pays of Bitcoin loan
πŸ‘‰ MATIC ERC-20 deposit and withdrawal now available on Robinhood


In cryptocurrency markets :
⁕ Ethereum ETH reclaims $1200 as it follows Bitcoin mini rally
⁕ CRVUSDT up 18%
⁕ LINKUSDT gains 3% following Bitcoin rally
⁕ SHIBUSDT Shiba Inu trades slightly lower
⁕ $COIN Coinbase stock up 18%
⁕ DOGEUSDT Dogecoin trades at $0.070

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