#BTC 1D #analysis
Cryptovizor data:
TREND 🟢🟢🟢🟢🟢 MA 🟢 RSI 🟢 21.06.2023
Volume 1D 1.91 B CD Week -227.79 M
BTC recent trajectory is impressively bullish. It began with a significant Buying Pressure and a spring at the 0.5 Fibonacci level. The move upward is controlled, lacking both oversold conditions and significant volume
The 1 bar signaled a reversal with strong buying pressure, average spread and volume, and good progress, engulfing the 0 breakout bar
The upward trend continued with no significant pullback. The 2 bar, a Sign of Strength, rapidly approached the key level of downward correction, including the upper range boundary and the 0.5-0.618 retracement level.
