#bitcoin - Volume further decreasing H6
We are experiencing a stage that is called "Pause". Not only is this typical for an Eve-Low it can also mark a stage, before bigger movements, and this here can certainly go on for another couple of days. No reason to take any risk at the moment, although some might to start picking up on longs now, we need to keep a close eye on the development of the volume. Breaking down the 9k I would not even think anymore that 8k is THE target, even wondering if that what some of my colleagues call capitulation wick is really needed to turn the game.
New monthly Pivots coming up, could bring some volatility. Remember we have seen stages like this going BOTH ways.
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Warm regards,
Neru
New monthly Pivots coming up, could bring some volatility. Remember we have seen stages like this going BOTH ways.
_________________________________
Warm regards,
Neru
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