1. Bulls are non-existent
2. We are consistently in the 31K-29K zone for days now, bulls don't seem to consider this as a good price to buy
3. There is buying power set at $28K (around 4.5K BTC) and at $26K (around 8.5K BTC)
4. In comparison practically there is no expectation for the BTC to rise to
36K (with only 2K BTC to be sold on the order book)
Maybe this is the week when BTC will break the $28K support, and turn bearish for the long run?
2. We are consistently in the 31K-29K zone for days now, bulls don't seem to consider this as a good price to buy
3. There is buying power set at $28K (around 4.5K BTC) and at $26K (around 8.5K BTC)
4. In comparison practically there is no expectation for the BTC to rise to
36K (with only 2K BTC to be sold on the order book)Maybe this is the week when BTC will break the $28K support, and turn bearish for the long run?
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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.