Weekly Bitcoin Futures Report

CBOE cftc.gov/dea/futures/deacboelf.htm
CME cftc.gov/dea/futures/deacmelf.htm

honestly, I was expecting something else.
the short positions are still more , it's a bad sign.

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the possible channel

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if this is the real channel , the closure of the four hour candle below the top line will mean a false breakthrough, it will be a strong bearish sign.
also , the volume of trading falls
be careful guys

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a possible rebound

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a possible support level

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the price is testing the low line of the channel , focus on the closure of the four candle

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four hour *

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on the chart we can see the breakthrough of the channel , it's a bearish sign.
i have indicated the possible support zones ( 7409 , 7321 , 7194 )
in case of the price fall below the last support zone , it will be a strong bearish sign.

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but this looks like the formation of the morning star pattern
it depends on the closure of the four hour candle

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this blows my mind
somebody ,please explain to my this shit

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looks like it was a false breakthrough , it's a bullish sign.
now the price is testing the trend line
also , there is a large volume

Bombita

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