Since the price action reversal on 
BTC it has been struggling.
(also sold
ETH & 
LTC few days later)
There is way too much positivity in this space for what's happening.
#bitcoin is at the top portion of the gap, but may not hold and will likely fill & trade lower.
We have been huge proponents of using futures data vs spot #BTC
If you only use spotBTC you're at a disadvantage
RSI looks similar but look @ $ flow
Futures #BTC showed cracks in mid/late December
#Bitcoin Fibonacci
50% from RECENT trend low = 37k
50% from 12/22 low = 32
BTC it has been struggling.(also sold
ETH & LTC few days later)There is way too much positivity in this space for what's happening.
#bitcoin is at the top portion of the gap, but may not hold and will likely fill & trade lower.
We have been huge proponents of using futures data vs spot #BTC
If you only use spot
BTC you're at a disadvantageRSI looks similar but look @ $ flow
Futures #BTC showed cracks in mid/late December
#Bitcoin Fibonacci
50% from RECENT trend low = 37k
50% from 12/22 low = 32
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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.
Disclaimer
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.