GOOD MORNING
The
BTC RSI is weakening further as it hits 74k.
The closer it gets to 80-100k the more risk rises.
#BTC is due for another correction/consolidation, IMO.
#Bitcoin $ Flow is still decent so, IMO this is not the top.
A)Shows RSI peaked & Selling begins to come in.
FLOW was NOT strong at all.
B) Volume is light before picking up.
BTC has Heavy Buying coming in.
RSI hits the peak for this run.
$ Flow stable & goes higher.
C) #BTC buying subsides.
RSI is further weakening.
$ Flow still decent but keep in mind that this is LAGGING indicator.
Weekly
#Bitcoin is attracted to the Green Moving Avg.
This is the most overextended it has been during this run.
Needs rest imo
The
The closer it gets to 80-100k the more risk rises.
#BTC is due for another correction/consolidation, IMO.
#Bitcoin $ Flow is still decent so, IMO this is not the top.
A)Shows RSI peaked & Selling begins to come in.
B) Volume is light before picking up.
RSI hits the peak for this run.
$ Flow stable & goes higher.
C) #BTC buying subsides.
RSI is further weakening.
$ Flow still decent but keep in mind that this is LAGGING indicator.
Weekly
#Bitcoin is attracted to the Green Moving Avg.
This is the most overextended it has been during this run.
Needs rest imo
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
