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.
Nota
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.
Nota
Guess it would be hard to believe but charts do not tend to lie
Nota
If bitcoin loses its trendline then this very well might confirm the top.
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.