Price has hit the line.
Divergence in play, in such setups the div is the nice signal to watch for/ be ready for a reversal.
If we look at the headlines, it is worth noting the fear:
- “CZ believes that crypto winter is here to stay until 2026”…
- “Will crypto survive?”
- “Don’t expect a bitcoin recovery any time soon, Galaxy Digital”
- “ Black swan” author dismantles bitcoin narrative”
- “Jim Cramer expects bitcoin to dump to $12.000, its “pre-fiasco level”
- chats like “I think that Crypto is finished”….
And many others.
Fear & Greed index: 9 - Extreme Fear.
Time to buy, as I see it.