I beleive today's green candle is a dead cat bounce amd expect the market to correct lower in the near term which is healthy. The Trend is quite exhausted and the Money flow above avarage moving down. Futher evidence on chain suggest that money is flowing into BTC from other coins. There is more evidence that suggest that moneyflow into is less likely to sell the move up and probably preparing to buy any dip that might present itself.
The 100 DMA has crossed below the 200 DMA which is bearish. The RSI ET ALL on top shows indecision.
The 100 DMA has crossed below the 200 DMA which is bearish. The RSI ET ALL on top shows indecision.
