Sellers remain interested in dumping at these levels as volume shows. Bitcoin dominance looking like a pullback is coming soon. A huge harmonic structure has almost completed, so at this time I am expecting a pullback to 10960 & 10475 following. I am expecting a 5 wave impulse down using pivots as targets. RSI is in bullish territory so this is not a place I want to short. I will consider a short once we fall under my RSI trend line and close. We continuously fail to hold above the major bull flag trend line, which for me is a big sign of weakness, I thought buyers would be excited and BTC would pump fast. For now I resume seeking lower prices. Best of luck out there everyone.
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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.