We see multiple touches of BTC's Supply Zone at
31K across multiple days. Per my accumulation indicator, net accumulation on the 2h chart has gone into negatives. This last push to
31K today marked the last massive hidden bearish divergence confirmation of the reversal.
I am expecting BTC and ETH (and all crypto) to fall massively before Wednesday morning, just in time for the markets to open red as well. Just a guess, but right now I am all cash.
Let's see what the next 24h brings.
I am expecting BTC and ETH (and all crypto) to fall massively before Wednesday morning, just in time for the markets to open red as well. Just a guess, but right now I am all cash.
Let's see what the next 24h brings.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.