Two trend are colliding, and something new is going to set in soon. The winner will be revealed shortly.
הערה:
On top of all, OI has reached a new low as the account as short accounts are likely closing their positions. This leaves a lot of room for shorts to reopen and longs to collapse. There are several details that make the current setup look a lot like August 18, right before the accelerated drop.
הערה:
Against all odds, I have been seeing more moments in which Bitcoin decouples from market waves to the upside. Something is coming, fast.
הערה:
It's actually now looking more and more like this will be the downtrend continuation to 17k.
הערה:
19.9k was bought up and on the rise, but with falling volume. Pinch still to resolve.
הערה:
Aw, the bottom curve fell a bit short.
