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Gdpredador
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when observing altcoins mounting a bullish structure since
Bitcoin
's crash. could it be. What a good time for bitcoin to dive into defense above the accumulation region.
$NEAR
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bitcoin is on a tightrope, altcoins have already shown several signs of demand. but bitcoin should come down, regions of interest are $86k and $76k respectively. altcoins should see a more moderate decline. because they are already in a fund with a strong presence of demand. and by the dominance of Btc you spun. It didn't fall but it made a pivot point.
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Let me warn you about something. the largest volume is in the absorption candle. Bitcoin is one step away from sinking. It's eliminating buyers in the region. the time bitcoin dives. This seller is gaining strength.
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pay attention to the volume on the sell candles. and as there is no volume in the return movement. absorption is very small. irrelevant. This is just a breather to drill that bottom down. even more so considering the top context with seller divergence and continuity. bitcoin is almost on the brink of death. It's not the end yet but it's a distribution
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So far this seems like a pullback to me. low frequency in the downward movement with decreasing volume. while the volume of the upward movement is increasing. Be careful if volume enters the downward movement. $NEAR
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some are in the low candles and not in the absorption, there is no very relevant absorption. the return movement has no volume. no one interested in purchasing bitcoin. but we can return to sales volume to break the bottom. The question is not whether it will! The right question is when are you going?
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