Btcfutures
Bitcoin (BTC) • Not looking bullish as you may thinkGet some popcorn and watch my subjective interpretation on why current price action is not looking good at all despite the ongoing mark up.
Some talking points include:
• Volumes
• Monthly and Quarterly Charts
• Orderbooks and order clusters
• Grayscale Premiums
• BAKKT and CME Futures basis premiums
• Options Put/Call open interest distribution and expectation
• Funding Rates, Open Interest and Liquidations
BTC expecting local UptrendHey guys,
We have success reached price level at 36450! Thats awesome!
Then Price hits local high, which looks like uptrend continue. And I decided increase my order price and my entry price moved up.
But when I recorded this video, price hits local low level. One 4h bar hits local high and low level - what does it mean?
Uptrend correction finished and we will continue fall?
Or its just a trap for Shorters and we will continue uptrend as a correction?