BITCOIN - 5 Dec 2018

Still consolidating in the downward channel after breaking out from triangle. Looking like a slow bleed. still making lower highs. Nearing the 13-14 days possible delay effect, will the previous whale buy effect come in now next 48hrs or it's been absorbed. NVT still suggesting room for south move. Did a zoom out on weekly chart, candles closing in on 200 week moving average which is around low 3000 zone.

On daily chart, possible mini descending triangle in making. Triangle top resistance 4200 and below with about 4-5 days more to apex.

News: (Current) | (Upcoming) CBOE BITCOIN ETF, 29 Dec 2018 (may be extended again to 27 Feb)

Short term moving average (day candle) :

RSI :

Network Value to Transactions Ratio : 128 (delayed probably already in the 100 zone which is good )

Total marketcap : 125

Dominance : 53.9

Bitfinex Margin Long/Short Volume Ratio :

Depth Chart : (S) | (R)

Weekly Timeframe :