Sorry guys, truth hurts.
What we see is a bullish divergence in both the OBV and RSI as bitcoin made its most recent leg down. This on balance of probabilities and with a 4 hour engulfing candlestick as well as small capitulation selling volume spike would indicate the area for what will be a failed rally. Just watch, I see it as it is, emotionally dispassionate and clinically objective. I am TheTrader.
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