BTCUSD has double bottomed at $37500 level of the macro bear flag channel. 4hr RSI has a clear bullish divergence . The nasdaq has a bullish divergence with a Bullish bottom candle. As much i am bearish on Bitcoin i think we will see a relief pump in the next week or two to around $44000 before seeing $28k and lower prices.

We are at extreme fear on Fear and greed index for BTCUSD which is usually a good buying opportunity. Seems many retail and influencers are now bearish , so good time to countertrade these people who are wrong most of the time. This market sure makes the fool out of the most people.

In the event my thesis is invalidated if price falls below $37k this week that would likely trigger a fast down move to low $30ks.