The trading volume just plummeted, it went to nothing in the past days.
We can look at this in two different ways.
One is the current consolidation phase. The massive drop in volume can signal that Bitcoin will continue moving sideways for an extended period of time.
The other view is that the bulls are retreating and the short-term trend will change.
Short-term bearish signals are piling up.
We have multiple failures for prices to move higher, moving below EMA10 and a bearish MACD cross.
This doesn't necessary means that Bitcoin will drop, the price is super strong at $28K but weakness is showing.
If a drop does happen, we remain/stay 6,000% bullish.
The drop will be used as fuel for the Altcoins to grow, especially the Altcoins vs Bitcoin (ALTSBTC) pairs that we are trading now.
Any drop should be quick but not strong stay within mid-term and long-term higher lows.
We still have more upside in the weeks to come.
Namaste.
We can look at this in two different ways.
One is the current consolidation phase. The massive drop in volume can signal that Bitcoin will continue moving sideways for an extended period of time.
The other view is that the bulls are retreating and the short-term trend will change.
Short-term bearish signals are piling up.
We have multiple failures for prices to move higher, moving below EMA10 and a bearish MACD cross.
This doesn't necessary means that Bitcoin will drop, the price is super strong at $28K but weakness is showing.
If a drop does happen, we remain/stay 6,000% bullish.
The drop will be used as fuel for the Altcoins to grow, especially the Altcoins vs Bitcoin (ALTSBTC) pairs that we are trading now.
Any drop should be quick but not strong stay within mid-term and long-term higher lows.
We still have more upside in the weeks to come.
Namaste.
🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.