Hello and respects to all
let me tell you bitcoin hash rate first:
less than 95m ... yes, less than any moment in past year and what does it mean? again yes most MINERS are dead right now.
*** blockchain.com/charts/hash-rate ***
check it your self with the link above.
as we know when the hash rate is lowering while price is slowly moving up a bad thing might happen.
by the way at the other hand BTC.D is going down very slowly but the price is ranging and ALTs are not moving up so this is another bad signal.
*** tradingview.com/symbols/CRYPTOCAP-BTC.D/ ***
again check it out with the link above.
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RED and Blue scenarios are described above at the chart but what is the 3rd one?
if price moves above 37000 which is the strong POC, we will be still at the 40K-30K range and B&R scenarios are out!
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by the end I wanna introduce someone to you that following him is one of the things that really worth it:
*** tradingview.com/u/Yuriy_Bishko/ ***