BitcoinBearSlayer

BTC - Price is rising but money flow is falling

BITSTAMP:BTCUSD   Bitcoin
Starting to the left of this chart you can see the price was rising while the money flow was rising (buying pressure) followed by the price falling as the money flow fell (selling pressure). Then prices up as money flow rose. Now look at where we are today. The price has been rising but the money flow had been declining and has even broken the zero line. This appears to be a bearish divergence.

Conclusion: Price will eventually follow the money flow. In this case - lower
Ordre annulé
Clause de non-responsabilité

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