Despite everyone expecting a bullrun, "big money" has to find a better position. There's no way they will long BTC that high. Green zones are imbalances dound in the market, algorithms hate that. Props to the 23% of shorters.
Trade active
Trade active
Note
We have now seen the strong rejection to the upside tricking buyers, 78% is buying. We now have more liquidity dropping bitcoin further down. The zone I am watching closely is 11,000. As we could potentially see the reversal.
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.
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.