bodhinium

Bitcoin 2D Weak Strength Snapshot

BITSTAMP:BTCUSD   Bitcoin
1) I'm still waiting for the strength profile to turn green, it turned red on April 3rd 2022 and has not been bullish since (short since then).
2) You can also see that the bears are still in charge and they have not been squeezed yet for the bulls to be back in charge.
3) When you look at the money flow, there is money coming into BTC but for me to become bullish, the money flow needs to be above 0, or positive.

For now, the Bitcoin 2D Strength Snapshot is weak: Strength Profile 🔴 Bears in Charge 🔴 Money Flow 🔴

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