$BTC holding while weakening, what? LOL

66
GOOD MORNING

Don't see an increase in BTC shorts. With #ETF news perhaps traders do not want to be short.

Don't see a #BTC a breakdown, JUST weakening of the RSI during this current move.

BUT
#Bitcoin keeps bouncing off the trendline, yellow arrow.
We also see bouncing off the 20 Exponential Moving Avg, cyan, & the red = TREND strength.

As posted few days ago, the top part of the range keeps getting poked. The more poking the weaker resistance gets!

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.