ROYAL_OAK_INC

$BTC Derivatives still dictating price, NOT Spot Bitcoin

INDEX:BTCUSD   ביטקוין
BTC & ETH look almost identical the last few days, that is pretty interesting.

However...

Stretch the chart out a bit and it is a very different story. #BTC outperformed #ETH by a decent amount.

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Both BTC showed upcoming weakness. However, Futures #BTC Money Flow went below 0 & stayed there. Spot recovered fast but #bitcoin went lower in April!

Now, we see Futures Money Flow gaining momentum again. Spot has been hanging around here for a bit.

Looks like derivatives are STILL dictating #bitcoin price action.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.