Bearish Bat/Crab is closing in on C

I'd suggest locking in your bids soon. With the lack of major selling, low USD swaps and a gradual increase of shorts... I'd say we're in for a reversal soon. That doesn't mean we'll rocket ship up, but RPD looks ready to stop here. I have a feeling we'll drop a bit with a nice RSI divergence or 2... climb to $580 might take a while. Though if enough shorts are squeezed, this might be another $200+ climb. *fingers crossed*

8500 BTC swaps on Bitfinex are the highest since May 25th @ 9600. Our ATH of BTC swaps was 12000 on May 13th.
www.bfxdata.com/combined/btc.php