These daily 'bottom' pumps are getting weaker and weaker with descending volume. Im short term bullish, we might hit 8k but unless the volume starts to pick up we wont break it. We still have along way to go in this bear market, there has been zero capitulation.
Volume is getting worse on these 'bottom' pumps. I dont think we will break 8-8.5k unless volume really picks up. This bear market has still along way to go.
Volume is still terrible and everyone is smoking hopium. Ultimate bear trap is breaking 10k and rejecting, reject around blue box? The bottom is far from over.
fill my heavy bags VEN/VET Volume just starting to pick up. Daily RSI getting seriously oversold, might take a quick daily bounce if BTC also pumps.
Starting to see volume pick up, blue box is my target.
It seems as if everyone is now super bullish. Yes 1hr volume was one of the biggest in bitcoin history, very impressive, but looking at the daily its not that impressive and today we havent had any continuation. I fell like a rejection on the red box, we might possibly get a fake out.