Bitcoin (BTC) • The test
Another weekly review of Bitcoin.
As usual Invite you to watch the video in full as I cover several different aspect beyond the chart price.
The books show some protection of the 17.5 and next minor stop at around 16.5 and major stop around 14k
Funding rates are turning red but it need more time. Perpetual Swaps and Forward Futures trading.
There is also a change the 17.5 lows get destroyed and we fast drop into the around 14k range.
As i comment in the video I am still waiting to see strong weekly volume reactions to call it a possible bottom because as of now things look pretty steady.
As usual Invite you to watch the video in full as I cover several different aspect beyond the chart price.
The books show some protection of the 17.5 and next minor stop at around 16.5 and major stop around 14k
Funding rates are turning red but it need more time. Perpetual Swaps and Forward Futures trading.
There is also a change the 17.5 lows get destroyed and we fast drop into the around 14k range.
As i comment in the video I am still waiting to see strong weekly volume reactions to call it a possible bottom because as of now things look pretty steady.
D7R
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