Breaking

Analyst: New buyers flood into Bitcoin’s $62,000–$65,000 range, risk of local top if $66,000 isn’t breached Hyperliquid Flips XRP in Futures Open Interest US combat deaths in Jordan trigger crypto selloff as Iran conflict escalates US Central Command launches airstrikes against Iranian targets as crypto markets feel the heat

Trading View May 4, 2022

BTCUSDT LONG SUPPORT ZONE

BTCUSDT LONG SUPPORT ZONE

BTCUSDT LONG SUPPORT ZONE

Bitcoin / TetherUS BINANCE:BTCUSDT

fxone4all

Looking at the chart unbiased, the chart is showing a clear falling wedge with bullish divergence on all my indicators. Sentiment is completely bearish and we have a fomc meeting AND Federal Funds Rate today around 18.00 GMT .

I would be looking to take a long position here. Conditions are right for a bullish reversal.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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