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Bouncing off 52k from below, 50k test soon!

182
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Hey guys, my latest post was extremely accurate. yay! Looks like the bears are confirmed below 52k and the 50k test is coming shortly. My confidence in the medium term bulls in diminishing rapidly.

Additionally, take a look at the selling vs buying interest according to volume.

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Gives you an idea of where the smart money is going, (or coming).

You can see lowering volume and increasing price even on the WEEKLY candles since late Jan.

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Thanks for reading my idea, please let me know what you think ! open to ideas.
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Disclaimer

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.