Not to be taken as single tool for decisions, but a good indicator of top & bottom markets as well as shifts. Visually simple to read, pure and beautiful
Where are we going now?
Answer in coming hours or days. We need to break the 50K but will be hard without volume. If it goes below 46K, risk to continue to 41K and then... :-(
How do you see it?
Close to a major move? At the corner of a the final breakdown and potential pump we are all expecting. But maybe too much people waiting for that and too much lever..