atectuderym

Firmly rejected from upper bound on daily

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
40 views
0
It would have taken a lot of buy pressure to smash through the upper band of the regression trend we’ve been in since GBTC unlocking started on 12th July. Sell pressure is now higher today than yesterday, so we may struggle to stay above the baseline. Without a huge influx of buying in the last 13 hours of the day we’re not going to break out of the downtrend.

Comments