These daily 'bottom' pumps are getting weaker and weaker with descending volume.
Im short term bullish, we might hit 8k but unless the volume starts to pick up we wont break it.
We still have along way to go in this bear market, there has been zero capitulation.
It seems as if everyone is now super bullish.
Yes 1hr volume was one of the biggest in bitcoin history, very impressive, but looking at the daily its not that impressive and today we havent had any continuation.
I fell like a rejection on the red box, we might possibly get a fake out.