$BTC Chart Analysis: 01-10-2024 10:29 (GMT+5:30)

For a short term, since BTC came down from $65,500 as I talked in my last night message,

let's see 1️⃣ as a downtrend.

2️⃣ and 3️⃣ shows a diversion in flow, suggesting a rise.

4️⃣ A formation of Rising start -> Bullish sentiment

5️⃣ A nearest resistance that can send back the price for retesting support at $62,800.

6️⃣ The main resistance at $65,500, the big fear, only to be resolved by huge buying power.

Greed and Fear Index recorded at 50 (Neutral), but in real there is no neutral in Crypto market.

Market will try to lift up, if fails to cross 5️⃣ will come back to 4️⃣.

Stay Alert!