Bitcoin Bearish Scenario
Clearly you can see the effects of volume on the price action, denoted by the matching colored candles. Momentum oscillators also showing bearishness. Some people think we are headed to new ATH, but I suggest this is impossible until another round of "green" accumulation takes place.
I'd be interested in your thoughts. especially if you disagree. Look at the chart and you can see the price action correlation to the volume bars.
Let me know what you think!
I'd be interested in your thoughts. especially if you disagree. Look at the chart and you can see the price action correlation to the volume bars.
Let me know what you think!
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