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BTC futures dictate price, people still don't get it
Bitcoin
BTC futures dictate price, people still don't get it
By ROYAL_OAK_INC
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Jan 22
1
1
1
Jan 22
Since the price action reversal on
BTC
it has been struggling.
(also sold
ETH
&
LTC
few days later)
There is way too much positivity in this space for what's happening.
#bitcoin is at the top portion of the gap, but may not hold and will likely fill & trade lower.
We have been huge proponents of using futures data vs spot #BTC
If you only use spot
BTC
you're at a disadvantage
RSI looks similar but look @ $ flow
Futures #BTC showed cracks in mid/late December
#Bitcoin Fibonacci
50% from RECENT trend low = 37k
50% from 12/22 low = 32
Bitcoin (Cryptocurrency)
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BTC
Chart Patterns
crypto
ETF
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futures
Technical Indicators
LTC
Trend Analysis
ROYAL_OAK_INC
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