Outside that sell, volume seems to be 50 - 50 and on the lighter side. This is GOOD.
Now #BTC can do a few tings:
1 Safely trade sideways, not much downside, & then pump
2 Sell off to around the 28k area & then pump
Stated before that I am a believer of #1 until it breaks recent low, around 29,750.
#bitcoin
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.