Daily
BTC shorts are non existent at the moment.
Short term, the #BTC downtrend is still intact.
There's a tiny symmetrical triangle formed. (direction broken will dictate the push)
Volume is paltry. As if there is a wait for something.
$ Money Flow & RSI not showing much.
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Weekly Chart
$ Flow better vs Spot #Bitcoin.
So much spot was sold yet it held, why?
What have we been saying for years?!?!?!
Spot doesn't matter, DERIVATIVES Dictate!!!!!!!
BTC shorts are non existent at the moment.Short term, the #BTC downtrend is still intact.
There's a tiny symmetrical triangle formed. (direction broken will dictate the push)
Volume is paltry. As if there is a wait for something.
$ Money Flow & RSI not showing much.
----------------------------------
Weekly Chart
$ Flow better vs Spot #Bitcoin.
So much spot was sold yet it held, why?
What have we been saying for years?!?!?!
Spot doesn't matter, DERIVATIVES Dictate!!!!!!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.