Another case showing BTC post is irrelevant as Derivatives dicta
Daily
BTC shorts are non existent at the moment.
Short term, the #BTC downtrend is still intact.
There's a tiny symmetrical triangle formed. (direction broken will dictate the push)
Volume is paltry. As if there is a wait for something.
$ Money Flow & RSI not showing much.
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Weekly Chart
$ Flow better vs Spot #Bitcoin.
So much spot was sold yet it held, why?
What have we been saying for years?!?!?!
Spot doesn't matter, DERIVATIVES Dictate!!!!!!!
BTC shorts are non existent at the moment.Short term, the #BTC downtrend is still intact.
There's a tiny symmetrical triangle formed. (direction broken will dictate the push)
Volume is paltry. As if there is a wait for something.
$ Money Flow & RSI not showing much.
----------------------------------
Weekly Chart
$ Flow better vs Spot #Bitcoin.
So much spot was sold yet it held, why?
What have we been saying for years?!?!?!
Spot doesn't matter, DERIVATIVES Dictate!!!!!!!
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