Interesting Bitcoin chart
Why currently is bitcoin volume decreasing? Mostly happens at the top of a cycle. Last time this happened mid cycle there soon after bitcoin had a 38% shakeout.
I imagine that for BTC to achieve the price highs in which people hope for its only inevitable now that it breaks its long term divergence with the top indicator.
Be interesting to see how this plays out.
I imagine that for BTC to achieve the price highs in which people hope for its only inevitable now that it breaks its long term divergence with the top indicator.
Be interesting to see how this plays out.
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With 4 days left and volume dwindling hard to imagine that this candle will change much -I have posted this chart for sometime now about the divergence that bitcoin is currently facing in its price action.
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Guess it would be hard to believe but charts do not tend to lie
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If bitcoin loses its trendline then this very well might confirm the top.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.