Bearish sign but we think it pushes to MAJOR RESISTANCE

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Yesterday BTC formed a BEARISH ENGULFING. We've spoken on this pattern countless times.

However, we didn't bring it up because we didn't/don't think it's relevant.
WHY? Look at the paltry volume. Bitcoin volume is SUPER LOW.

BTC is still in Bullish mode from Late 2022.
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We turned Bullish again on BTC around early April:
A) We saw that huge Bitcoin selloff 4/7
2) Which reversed that same day
3) Followed by some buying a couple days later
4) More BTC accumulation 4/21 when it was under 88k

Major resistance coming up soon.
Pause HIGHLY LIKELY.

Penafian

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