$BTC

in #steem4 years ago

$BTC has a Bearish signal due to the macro trend line violation. It appears about 83% of contracts on CME are\were short, even if BTC is worth more than $8750 there are hundreds of millions of dollars betting against a bull run and so downward price manipulation becomes a risk. Expect some shorts to close some these positions over the weekend.

Volume on every bounce is not strong so far the last week, similar to back in March ... Maybe $BTC Dominance dropping for the start of an alt season?

Sort:  

If price continue to trade downward band again, that will be bad situation for technical view

agree as well!

sneaky-ninja-sword-xs.jpg
Sneaky Ninja Attack! You have just been defended with a 13.92% upvote!
I was summoned by @cryptoiceman. I have done their bidding and now I will vanish...

woosh
A portion of the proceeds from your bid was used in support of youarehope and tarc.

Abuse Policy
Rules
How to use Sneaky Ninja
How it works
Victim of grumpycat?

Congratulation cryptoiceman! Your post has appeared on the hot page after 26min with 39 votes.

You got a 3.51% upvote from @upmewhale courtesy of @cryptoiceman!

Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!

hi friend

Coin Marketplace

STEEM 0.27
TRX 0.07
JST 0.034
BTC 23823.14
ETH 1881.99
USDT 1.00
SBD 3.30