It looks like Bitcoin has the potential for a bearish short today, if it is backed up by price action.
There is already a KT crossover, which is a weak bearish signal. So we're probably a quarter of the way there.
If we can get a crossover with the 10 and 50 week SMA that will add additional support to the argument. If price goes into the cloud, a third piece...
BINANCE:ADAUSDT Cardano is showing strength against the Market trend. Cumulative Volume Delta shows the more aggressive traders are selling BTC right now, whereas the aggressive sellers on ADA are noticeably weaker.
Until there is at least a second wave of weaker aggressive sellers I don't want to think about going bullish on BTC or anything else for that matter....
